SGR 0.00% 45.0¢ the star entertainment group limited

Risks mitigated - what are you afraid of? SGR is a black friday bargain, page-46

  1. 1,502 Posts.
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    I asked the question before … about Crowns MC when they got handed the Austrac fine.

    i hope this information is correct as I can only rely on historical data from inv esting . Com

    on 30 May 2023 the fine got handed 450M
    shareprice according to the history chart about 12.8-13$ which represented a 8.bn -max8.8bn

    so on a 8.5bn MC at this time the fine is 5.3% of the Mc

    now SGR is just shy of 1.5bn MC so 5.3% would be a 79million dollar fine, if both businesses are penalised for the same “crime” and the value of the business is to determine the fine.

    not sure how other people see it but. 79M would be a sweet deal.

    no investment advise
 
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