Scenario 1 - Macquarie dumping 8million shares last week seems to be at odds to your rumor
Scenario 2 - If the Banks call in the debt SGH's current liabilities (short term liabilities payable within the 12 months) would exceed current assets and this should trigger an immediate VA. SGH does not wait until the date when they are due to call a VA.
Sorry to blow up your Scenario 2 - but you are 100% wrong wrong wrong
SGH Price at posting:
26.5¢ Sentiment: Sell Disclosure: Not Held