After all the analyst upgrades (or keeping them stable or not reducing price targets ) I thought the tax back down by the NSW govt would have added value to Star Share price. Clearly not at this stage
My gut feel is that its got to do something with the refinance and the AUSTRAC FIne
But honestly if I were in the private equity camp, I would be running the ruler over STAR -
1) Tax agreement is great
2) Building values/assets are in prime zones
3) Business is in duopoly zone - the only competitor is Crown
4) The fines are what they are - a one off
At this price tag - Private Equity are getting huge value, spend some money in it, revamp a bit of stuff, and in 3-5 years load it up with debt and spit it back to the market via a IPO - make money!!! This is their bread and butter, it is a matter of time before they take this private
- Forums
- ASX - By Stock
- SGR
- Ann: NSW Casino Duty Rates Update
Ann: NSW Casino Duty Rates Update, page-100
-
- There are more pages in this discussion • 101 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGR (ASX) to my watchlist
(20min delay)
|
|||||
Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $760.2M |
Open | High | Low | Value | Volume |
26.0¢ | 27.0¢ | 25.5¢ | $4.483M | 17.09M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 350999 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 765141 | 20 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 224999 | 0.265 |
21 | 1293892 | 0.260 |
52 | 2617185 | 0.255 |
186 | 5838985 | 0.250 |
38 | 1989655 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.270 | 342757 | 15 |
0.275 | 1108099 | 14 |
0.280 | 1672469 | 23 |
0.285 | 798854 | 22 |
0.290 | 600477 | 16 |
Last trade - 16.10pm 04/10/2024 (20 minute delay) ? |
Featured News
LU7
Discover the strong preliminary feasibility of the Bécancour Lithium Refinery, showcasing resilience in a low pricing environment and a strategic plan to capitalize on future price recoveries
SGR (ASX) Chart |