SGR 2.08% 49.0¢ the star entertainment group limited

BRUCE HAVING ANOTHER GO, page-193

  1. 87 Posts.
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    Look at the share price. The special manager in qld. The resulting redundancies in NSW the fact that revenue is shrinking in qld. Tren you've been wrong about things for a very long time. If you think after licence cancellation in NSW Star can meet its obligations. I find that very unlikely. I hope they keep their licence and this is all ironed out properly. However if Blackstone prevails and the Star loses there NSW licence it will be lights out. Blackstone will likely take the licence later. Crawford is already on record in the AFR stating that he likely thinks the NSW government will evenuatally see that there is only a need for one licence in NSW. You can think there is no chance but the share price disagrees.

 
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