SGR 3.03% 51.0¢ the star entertainment group limited

I’m a bit confused. We announced in June that we had reached...

  1. 434 Posts.
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    I’m a bit confused. We announced in June that we had reached agreement with the buyer to sell it for $192 million. As we own 50% I would have expected our share to be $91 million. And today we announce confirmation of the sale but we are only getting $60 million return from it. And the share price goes up.

    I take it I am missing something in this joyous development?
 
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50.0¢ 52.5¢ 49.8¢ $8.432M 16.44M

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2 68078 51.0¢
 

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51.5¢ 141000 3
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