Knowing SGR this will fall when the markets open again.
but I don't think any of this was unexpected.
last update had Queens Wharf opening in April 2024 so an extra 4 month delay (if we are lucky).
100m max settlement to complete QW could have been far worse. I can't remember what the scaremongers were penciling in on the final costs but I'm sure it was far heftier.
give it a week and I think the share price will rebound again. Markets punish uncertainty and two uncertainties have been removed.
star makes about $20M ebitda every month so the $100M can be covered with earnings.
Knowing SGR this will fall when the markets open again. but I...
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Last
51.0¢ |
Change
0.010(2.00%) |
Mkt cap ! $1.463B | |||
| Open | High | Low | Value | Volume |
| 50.5¢ | 51.0¢ | 50.0¢ | $4.173M | 8.244M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 15 | 864292 | 50.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 51.0¢ | 271534 | 12 |
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| Last trade - 16.10pm 12/07/2024 (20 minute delay) ? |
| SGR (ASX) Chart |