SGR 2.08% 49.0¢ the star entertainment group limited

Cap Raise and Debt restructure, page-218

  1. 84 Posts.
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    Hmm..

    I stumped up for the first equity raise.

    Been great to see my capital halve in a short time - so they certainly managed that well.

    Second capital raise in such a short time bodes very badly and has a redolence of desperation about it.

    Also very annoyed that my hard earned seems to be just used to pay fines (another great big tax- justified or not) for these guys and there is seemingly no end in sight for possible additional investigations and further massive penalties.

    Moreover, governments of all stripes have rediscovered the cash cow that is gambling. Company (i.e =me) takes all the risk and investment cost - government takes all the profit.

    I'm out.
 
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