I agree with a lot of your sentiment @peterdoobes
I have been following SGO since the backdoor listing and like the business. Picked up some shares around 9c purely because 2H is going to look better, UK turning profitable (easier market for growth imo) and the directors and sub holders are likely going to support the share price around here. Have met the Chairman (last year) and he always emphasised their year would be FY16, never over promised on FY15. But I have since tried to get a meeting with the MD, which fell through, and have heard some not so great feedback on their business from industry insiders. Cerno was a mess. I still think around these levels isn't a bad entry but I'm not entirely confident.
SGO Price at posting:
8.2¢ Sentiment: Hold Disclosure: Held