I agree with ya here, just rough for holders to potentially get diluted twice in a year because the bananas in charge didn’t raise enough in the first one. I don’t think SGR is going bankrupt. I hold Brookfield so if Oaktree does come along in some kind of debt/convertible offering if would be funny to own both sides of this!
There’s a srs moat here in the sense that it’s unlikely a new casino gets opened in any SGR market in our lifetimes.
Spinning off the real estate is a very USA thing and I wouldn’t be surprised it is was considered here? maybe VICI comes along as part of an international expansion hehe
News: SGR Star Entertainment expects hit from New South Wales casino tax reform, page-400
-
- There are more pages in this discussion • 74 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add SGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
23.0¢ |
Change
-0.010(4.17%) |
Mkt cap ! $666.9M | |||
| Open | High | Low | Value | Volume |
| 24.0¢ | 24.0¢ | 22.5¢ | $3.748M | 16.10M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 107 | 5276212 | 22.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 23.0¢ | 651649 | 11 |
View Market Depth
| Last trade - 11.20am 01/11/2024 (20 minute delay) ? |
| SGR (ASX) Chart |