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
49.5¢ |
Change
-0.010(1.98%) |
Mkt cap ! $1.419B | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.5¢ | 49.5¢ | $2.231M | 4.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 928140 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 80187 | 3 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SGR (ASX) Chart |