Yes - however with the $100m cost reduction that should meditate the negative NPAT position which mitigates that significant risk, couple with the sale of treasury carpark & hotel which will be sold 2H25 with the darling due to be sold as alot of interest already, nets close to $300m which will cover the JV contributions and beyond for FY25 and 26.
if SGR can reduce costs to have cash position net netural at minimum and sale of non core assets for JV contributions then it will survive and eventually will see an uplift in revenue, albeit less than historical
very keen to see any substantial holding changes in the next coming days/week.
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Yes - however with the $100m cost reduction that should meditate...
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