I doubt the banks care about short term share price. They know the books. They know what f16 will look like. If 45% take warrants as expected that will be comforting. i wonder what the cash cost of refinancing is going to be?
Don't think sgh will mention operations update. Just more potential fuel to ca fire. Js and ag need f16 to look ok or they'll be out come agm. If they leave I reckon sp will react positively anyway. The chance of the company going into va or having imminent cr is next to nothing imo. So essentially its cross fingers till August for me. I still believe in the business and structure, and believe it's more likely scale will prevail over management problems in this instance.
SGH Price at posting:
35.0¢ Sentiment: Hold Disclosure: Held
