This is just terrible. 2016, and all these frequent announcements and disappointments being slowly released to the market.
Hoping this release is not like SGH being something to do with the purchase of Swell or one of the other recent acquisitions where the balance sheet is found to have serious problems.
Is it possible that this announcement could be very bad news and force the share price with a bid for 100% of the company at a bargain price?
For a long time. the volume of buyers has been very high compared to the seller volume in the market depth, and the odd day last week where the share price fell into the 30+ cent range. Some very strange behavior with SRF, plus the number of shares purchased much higher by many, via IPO at $1 and 2 capital raisings at $1.50 and $2. Its looking very dodgy.
SRF Price at posting:
40.5¢ Sentiment: Buy Disclosure: Held