It seems that SGH is currently in a position where it's liquidation value exceeds it's market capitalization. Excluding any other assets if we just look at ready cash:
Column 1 Column 2 1 Shares outstanding ('000) 6,707 2 Cash in Bank ('000) 14,394 3 Cash per share 2.15 4 Yesterday's price 1.81
If WIP assets could be sold at anywhere near book value then it would appear that SGH would be a good buy at current price if it is later liquidated.
Worth more dead than alive
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