They have enough headroom and ample undrawn debt lines. What's interesting about this is that NTA for the stock is ~$2.00 which implies that the business "gaming revenues" is being valued at 12c. The underlying real estate that SGR owns is irraplaceble. Its a real estate play that needs to be unlocked , hence why Blackstone was eager to take out Crown. The underlying value of Crown Melb for mixed use development presents significant upside.
I took some good profits from SGR during COVID, i am back in at below $2 - a company that has significant headwinds ahead however backs by "real assets" that need to be unlocked
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They have enough headroom and ample undrawn debt lines. What's...
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Last
50.3¢ |
Change
0.008(1.52%) |
Mkt cap ! $1.441B |
Open | High | Low | Value | Volume |
50.0¢ | 50.8¢ | 49.8¢ | $2.165M | 4.310M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
52 | 629410 | 50.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
50.5¢ | 521085 | 45 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
53 | 559516 | 0.500 |
23 | 690011 | 0.495 |
34 | 1080480 | 0.490 |
32 | 2194543 | 0.485 |
34 | 714796 | 0.480 |
Price($) | Vol. | No. |
---|---|---|
0.505 | 746289 | 51 |
0.510 | 1818067 | 56 |
0.515 | 787336 | 25 |
0.520 | 1847999 | 36 |
0.525 | 1293952 | 12 |
Last trade - 13.29pm 17/07/2024 (20 minute delay) ? |
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SGR (ASX) Chart |