Note: I am not long or short, or interested at 60c.
For the retail & insto punters who can't be bothered to read financial statements - this de-risks SGR in the short to medium term. Gives them ability to pay fines and fund balance of Queens Wharf and Tower 2.
However, it doesn't de-risk them entirely because they have a heap of off balance sheet debt in their Queens Wharf and Star Gold coast JV's. If Queens Wharf doesn't perform, and that is a real risk because retail & casino operations don't automatically go right, then they'll have another debt issue in a few years time.
Ann: Investor Presentation, page-11
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Last
51.8¢ |
Change
0.018(3.50%) |
Mkt cap ! $1.484B | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 52.0¢ | 50.3¢ | $2.292M | 4.467M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 28 | 657474 | 51.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 52.0¢ | 1479168 | 71 |
View Market Depth
| Last trade - 11.00am 23/07/2024 (20 minute delay) ? |
| SGR (ASX) Chart |