SGR 3.42% 56.5¢ the star entertainment group limited

Ann: NSW Inquiry - Commencement of hearings, page-67

  1. 1,053 Posts.
    lightbulb Created with Sketch. 166
    This is tuff stuff, real tuff.
    Can the government give them a $500m fine, will they give them a fine at all???
    What is coming, I know I would load up if the government had finished it's crap and was exiting with SGR on its way.

    I think you will either make 10 bags or loose it all. No in between.
    If it is pushed into administration the government is at risk in more ways then one.

    Administrators will clean it out, you won't get a 80c cheque in the mail per security.

    It needs someone with a few billion dollars to buy 20% and give some guarantees to the grubberment.

    This is getting uglier by the day. And it is a shame.
 
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