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
46.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $1.319B | |||
| Open | High | Low | Value | Volume |
| 45.5¢ | 47.0¢ | 45.3¢ | $2.498M | 5.436M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 16 | 885434 | 45.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 46.0¢ | 1171227 | 9 |
View Market Depth
| Last trade - 16.10pm 30/05/2024 (20 minute delay) ? |
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Last
46.0¢ |
Change
0.000 ( 0.48 %) |
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| Open | High | Low | Volume | ||
| 45.5¢ | 46.8¢ | 45.5¢ | 1613775 | ||
| Last updated 15.59pm 30/05/2024 ? | |||||
| SGR (ASX) Chart |