The farse of 20 cents, page-12

You don't seem to understand a fundamental reality.

Shareholders are of no concern to the Banking Syndicate.

The Banking Syndicate does not need a robust share price to orchestrate a recovery process. In fact it would be far easier for the Banking Syndicate to structure a takeover of SGH by private equity. The Banks could end up with a fair portion of their debt back and a portion of future earnings.

Its quite simple - force SGH into voluntary administration - that takes the shareholders out of the equation as the Banks are first in line to recover any funds raised out of a sell off of the business components of SGH.

The reality is CATO that SGH may not even be considered a bargain at $0.001 because paying anything at all for a Company that has a fair possibility of being forced into administration is very very risky.