You appear to state the significant reduction in gaming revenue and then the NSW governments reformed taxation model as is they are separate issues.
The board obviously needs to turn this ship around and the call by Matt Kean to reform was obviously a curve ball. I agree with you that the board has allowed for the destruction in shareholder value by their complete disregard for the regulations and considerations of their operating licence. I think time will be the ultimate healer here and at these levels SGR has been massively oversold.
Ann: Potential reforms to NSW casino tax regime, page-108
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Last
21.0¢ |
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Mkt cap ! $602.4M | |||
| Open | High | Low | Value | Volume |
| 22.0¢ | 22.0¢ | 20.5¢ | $3.435M | 16.21M |
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| No. | Vol. | Price($) |
|---|---|---|
| 10 | 461832 | 21.0¢ |
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|---|---|---|
| 21.5¢ | 2611095 | 21 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SGR (ASX) Chart |