SGR 2.08% 49.0¢ the star entertainment group limited

News: SGR Star Entertainment expects hit from New South Wales casino tax reform, page-470

  1. 944 Posts.
    lightbulb Created with Sketch. 89
    Someone said 10c, hard to believe, but depending on your current average price, this is a blessing.

    Let's say your average is 75c (last close). At 10 for 1, if you have 10,000 share, you will now be able to have 110,000 shares.

    Price: 10,000 at 75c and 100,000 at 10c = average 16c a share.

    Not bad if you ask me but obviously this is the best someone could have attained as the 75c was at 52-week (or ATL).

    Hence, the share price will get murdered on Wednesday but as long as it does not go below 16c, there is lots of money to be made.
    Last edited by Aviza2913: 25/09/23
 
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