You are fairly new here but if you read the history of SGH management a few years back to now you will understand.
"Why do you think in its current situation the company is is not worth $220M?"
Because;
- SH lost 95% of AU and 100% of UK
- AC still owed more then $100M debt and up to $125M debt
- Cash flow and profitability unknown until end of February - The company announced independent analysis by KPMG determined the very most EV (true value) per share would be $1.10 post recapitalisation and adjusted for consolidation.