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(2.08%) |
Mkt cap ! $1.405B |
Open | High | Low | Value | Volume |
49.5¢ | 52.0¢ | 49.0¢ | $20.19M | 40.38M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
16 | 804608 | 48.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.5¢ | 76192 | 1 |
View Market Depth
No. | Vol. | Price($) |
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8 | 143175 | 0.485 |
14 | 312495 | 0.480 |
5 | 185980 | 0.475 |
19 | 560059 | 0.470 |
14 | 605315 | 0.465 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 76192 | 1 |
0.500 | 84945 | 4 |
0.505 | 155000 | 5 |
0.510 | 261266 | 11 |
0.515 | 292697 | 4 |
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