We have to see how this plays out.
But the annoucement has done wonders for compressing the share price!!!
Enabled me to buy a first position, smart or not, time will tell
At first glance, it seems like even if the threat goes through, its a 'one off' rather than recurring.
According to Morningstar:
If true by FY25, will be long and dusted, with an EPS of 20c and a DPS of 15.6c.
On $1.71 average purchase price, it screens as ok and should make money.
But the risk is these are historical casino assets.
1st position from which I can take time to think and review future announcements as they come through.
Ann: APPLICATION TO TEMPORARILY SUSPEND NZ CASINO LICENCE, page-22
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Last
83.5¢ |
Change
-0.025(2.91%) |
Mkt cap ! $634.7M | |||
| Open | High | Low | Value | Volume |
| 86.0¢ | 86.0¢ | 83.0¢ | $378.0K | 449.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 146241 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 85.0¢ | 20169 | 3 |
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| Last trade - 16.10pm 25/06/2025 (20 minute delay) ? |
| SKC (ASX) Chart |