Very interesting idea. @39cents SGR is almost certainly worth that without the NSW casino license.
At a certain point, you can say, 'You know, Mr. Governance, just F-it here is my license. It just won't generate any profit for our shareholders; we are just a collection agency for the state treasury. So, we are throwing in our chips and rebranding without a casino floor'
Refocus as the best "club" venue in Australia, specifically for pokies, casino lite.
Because all the best management consultancies won't lift a finger before reading what randoms on HC write, another option is that since the NSW casino license has become such a noose around the share price's neck, and the casino has become such a liability in NSW, divest it, e.g., 5 cents for the prime business without NSW casino floor, 1 cents for the casino floor(SGR-NSW_Casino, SGR-Prime). I would go so far as to say that SGR without the NSW casino license is going to be worth] double the value 39 cents to the market. Maybe the NSW Casino floor license is worth pennies, but still, each SGR shareholder could receive 2 shares. I would say that without separation, they would be worth far more separated than combined.
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Very interesting idea. @39cents SGR is almost certainly worth...
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49.0¢ |
Change
-0.010(2.00%) |
Mkt cap ! $1.405B |
Open | High | Low | Value | Volume |
50.0¢ | 50.0¢ | 48.8¢ | $8.231M | 16.30M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 327225 | 49.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.5¢ | 422814 | 9 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
9 | 179801 | 0.490 |
16 | 1312820 | 0.485 |
22 | 1115102 | 0.480 |
11 | 1156856 | 0.475 |
22 | 514073 | 0.470 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 240900 | 7 |
0.500 | 1482360 | 27 |
0.505 | 214052 | 12 |
0.510 | 302542 | 16 |
0.515 | 406382 | 5 |
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