Ok, thanks @Tren1 and @aussiekangaroo8. That’s reassuring. I reckon SGR can deal with everything else. Eventually, the quality of the assets should move more into the forefront of investor minds as the risks described in @Zimingliu’s post recede. I think then today’s share price will be seen in hindsight as a buying opportunity.
No doubt we will experience some further grief on the journey, but as Warren Buffett once remarked “you will pay a pretty penny for a cheery consensus”. We all seem to be operating on the inverted premise “you won’t pay much at all for an unloved caterpillar”. Hopefully SGR will turn into a butterfly towards the end of the decade.
Place my bets, Star Entertainment Group Ltd - ASX: SGR, page-6
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Last
44.5¢ |
Change
-0.010(2.20%) |
Mkt cap ! $1.276B | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 45.5¢ | 44.0¢ | $3.465M | 7.743M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 17 | 384658 | 44.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 44.5¢ | 318573 | 7 |
View Market Depth
| Last trade - 16.10pm 09/05/2024 (20 minute delay) ? |
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Last
44.5¢ |
Change
-0.010 ( 2.65 %) |
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| Open | High | Low | Volume | ||
| 45.5¢ | 45.8¢ | 44.3¢ | 2353878 | ||
| Last updated 15.59pm 09/05/2024 ? | |||||
| SGR (ASX) Chart |