WITH 50% HAIR CURT and some bits of SGH sold and some remainign term loans pushed out 3-4 years in their payments, in the end, who knows we may not even have any D 4 E as banks dont want it.
so 50% hair cut.
100 millions worth of sale of some SGH bits
just 300 million debt left.
That can B paid off with ESCROW and NIHL when they are cshed out..
Amazing people here thinking that SGH is dead.
I have been writing all along that thee are numerous very creative options available to both the parties to think and come to an agreed deal.
Looks like all this will b revealed on 27/2/17 with 1H numbers.
SGH Price at posting:
17.5¢ Sentiment: Buy Disclosure: Held