SGR 44.4% 25.0¢ the star entertainment group limited

Ann: Notification of Substantial Shareholding - JPMorgan Chase, page-7

  1. 502 Posts.
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    Risk/Reward as a Star Retail Investor completing taking up the 60c offer - ( 13 Oct ) with hope of a arbitrary trade for being in the advantageous position of being a Star S/H looks dim as JP Morgan will play the Star C/R overhang as the Insto's played the Retail investors into the T/H .I fortunately went to all cash recently and now only hold Star ( compulsory long now and Robbie were due for some upside) - and will take the 4% cash rate at the bank as the ASX is not worth the risk/ reward IMHO I thought after the run for Star S/H ( very poor) maybe we might be able to share in spoils and sell some shares at 66c or heaven forbid 72c but JP Morgan is the only winner in these circumstances .
 
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