What a disaster.
Downgrade to ~$300m EBITDA before a whole heap of costs, which in reality will be recurring ie. increased legal & consultant costs for higher compliance requirements.
So really means more like $260m EBITDA on an annualised basis.
They spend ~$300m on maintenance capex per year, so operating cashflow is either negative or nil and thats before interest costs.
Ann: Trading Update, Cost Initiatives & Sydney Strategic Review, page-2
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Last
50.0¢ |
Change
-0.040(7.41%) |
Mkt cap ! $1.434B | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 53.0¢ | 48.5¢ | $23.05M | 45.59M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 449871 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 1515457 | 14 |
View Market Depth
| Last trade - 16.10pm 21/05/2024 (20 minute delay) ? |
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Last
50.0¢ |
Change
-0.040 ( 5.75 %) |
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| Open | High | Low | Volume | ||
| 50.0¢ | 52.8¢ | 49.0¢ | 14131508 | ||
| Last updated 15.59pm 21/05/2024 ? | |||||
| SGR (ASX) Chart |