Billionaire David Rubenstein Says 'Unrealistic' to Think Government Will Stop Cryptocurrency From Being What Investors Want. Rubenstein said: “Crypto has come from nowhere to be a force in the market. It’s in effect a gold substitute for some. … It’s here to stay. Cryptocurrency is not going away, just like gold is not going away.” He added:
Quote from Pearls re Woolworths “ That was a breach of their banking covenants and subsequently the company went under. It pays to keep an eye on these sorts of things. Back then those shares looked cheap, but they weren’t worth buying. ” Sounds familiar, SGI aren’t worth buying.
"Proponents of the technique view averaging down as a cost-effective approach to wealth accumulation. Many professional investors who follow value-oriented strategies, including Warren Buffett, have successfully used averaging down as part of a larger strategy carefully executed over time."
" at the current time the business continues to be cash negative, while trading conditions and the impact on our longer-term funding position remain uncertain with the latter influenced by our negotiations with our long term creditors."
that is hilarious coming from an SGI holder, may I remind you "SGI - RNS Our primary creditor and majority shareholder has remained extremely supportive and engaged, the most tangible element of which being their willingness to ONCE AGAIN waive the loan covenants which we are in default of. " If he was their majority shareholder he didn't have much choice did he and you can bet he will be having first dibs when the company collapses again.