Assuming the business is at a loss at current of $50m~ (based on reports) - how could $436m in cash and equiv be burnt through in the matter of 9 months
This is what frustrates me, media can cause sensationalism and mention on the brink of financial collapse when in fact TSEG had ample cash as of end of Dec and even if we were on a monthly burn rate there's no way can burn half a bill in the matter of 8 months - not a peep from the board.
Place my bets, Star Entertainment Group Ltd - ASX: SGR, page-1420
Add SGR (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
27.0¢ |
Change
-0.015(5.26%) |
Mkt cap ! $774.5M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.0¢ | 27.0¢ | $4.952M | 17.84M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 47 | 2770496 | 27.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.5¢ | 7741 | 2 |
View Market Depth
| Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
| SGR (ASX) Chart |