I'll name one, Blackstone. They have demonstrated its capability to turn around distressed assets, as seen with their management of Crown Resorts under intense regulatory scrutiny. By acquiring SGR, Blackstone could leverage its experience to stabilize SGR’s operations, capitalize on its assets, and potentially unlock significant value over time. This move would not only diversify Blackstone’s holdings but also solidify their dominance in the NSW gaming market, making it a highly strategic acquisition. They would have the monopoly and Crown seems to be ticking along under the current environment.
Place my bets, Star Entertainment Group Ltd - ASX: SGR, page-1366
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Last
28.5¢ |
Change
0.020(7.55%) |
Mkt cap ! $817.5M | |||
| Open | High | Low | Value | Volume |
| 27.5¢ | 29.0¢ | 26.3¢ | $6.237M | 22.44M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 12947 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 605309 | 19 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| SGR (ASX) Chart |