Sadly - you're right.
But also - don't forget JakeR who was also on the T20 list above me.
I think he might have had something like 3 million shares at one time (guessing)
Now JakeR is one out of the box as I believe JakeR was one of the most academicaly qualified investors among us - I believe he lectured on financial matter at unis. (Just guessing here - but there's no doubt at one time he was one of the highest invested in SGH as anyone using both personal money and super fund).
I recall he posted that the general concensus around his legal contacts was that as long as SGH didn't go broke it would be a good long-term investment. And he certainly backed up his opinion with cold-hard-dosh.
I know JakeR was alert when it came to buying/selling and he might have managed to salvage some - but must have taken a massive hit overall.
There goes another one.
BTW - I can't help but find myself wondering that, with such a mssive amount of dosh disappeared so quickly and that this was such a clown-like schmozzle, that other financial factors could have been in play.
I wonder where AG and JS are now.
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