Hi Tulips,
I understand it can be hard to come to grips with reality when your investment has leaped off a diving board lousier than a man with a beer gut.
Truth be told, gaming apparently represents 15%-20% of EBIT income of EDV. I was going to share links but they do not seem to work. Please have a google of 'endeavour gaming earnings', and you will find two articles by AFR and SMH.
Naturally, according to these estimates, I leave it to you to conclude where the price goes, how quick it recovers, about how quickly NSW adopts the same laws as VIC and if the other states will follow suit.
Cheerio
Ann: F23 Third Quarter Trading Update, page-36
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Last
$4.79 |
Change
-0.050(1.03%) |
Mkt cap ! $8.578B | |||
| Open | High | Low | Value | Volume |
| $4.82 | $4.84 | $4.79 | $23.51M | 4.851M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 32 | 123478 | $4.78 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $4.80 | 13908 | 2 |
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