I was at the 2015 AGM and I don't remember any director saying SGH was over-leveraged but they talked about shorters and something should be done about them. I also remember you mentor Mr. Andrew Grech asking shareholders to trust the BOD.
You got it wrong again about SGH on the verge of being in the ASX100 index. SGH was booted from The ASX1oo on December 18, 2015 so it was definitely in the ASX100 index and not on the verge of being in the ASX100 as you stated. Here's the company ANN of removal from ASX100. It was later booted from the ASX200 as well.
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