Trading out of this is a bit of a Goldilocks scenario, isn't it? I'm not even clear that the assets are worth more than the debt at present. I see some serious dilution, or worse, round the corner.
Still, who knows what way the financial press will jump. My short could well be stopped out at 2.45p tomorrow, if not later today.
EdmondJ - I would be interested to hear what you have to say about all this (if you are "lurking" on this BB). Forget SPS for the moment. Like EK you turned skeptical on SGP well before the crowd (i.e. well before the first slug of bad news), so, being a bit of a contrarian, are you now interested in SGP as a recovery play?