The shares are trading at 2.85$ because no-one knows how to...

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21/08/18

11:52

Post #: 35060204
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Originally posted by denbo ↑

OK - so I'm one of the biggest Richard Craniums around - but at least I eventually moved on while I had some small change left to try and recover - and am having some success with that. Also, there's the chance of some stuff I'm into taking off.

Those that are still holding SGH just have wasted another year and another 60% of their dosh - so the first 120% jump in SP will just bring them back to where they was last year.

Then to even break even most SGH would need $40-$70 in their lifetimes, (being generous here), which might be something of a challenge for something at $2.89 right, now. I'm guessing this would mean that SGH would need to increase it's business turnover by a similar factor to get the revenue to achieve this. (Is this a good time to talk about NIHL and PI?)

Good luck with that.

Maybe there's something in the 'Stockholm Syndrome for Shareholders' theory.

Having said that, I do enjoy the banter on this forum so keep it coming - particularly the bullish comments about SGH - they're good for a laugh.

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The shares are trading at 2.85$ because no-one knows how to value them at right now. Apart from the information released with the recapitalisation last year and the bit in Feb. So a good 6mths with nothing.
Once Anchorage update the market then the market will price SGH according. It could go either way but these boys know what their doing in this space and they win more often then they loose.

SGH Price at posting: $2.85 Sentiment: Buy Disclosure: Held
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The shares are trading at 2.85$ because no-one knows how to...

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