SGR 0.00% 44.5¢ the star entertainment group limited

No chance of a cap raise as they just raised $700 million.They...

  1. 187 Posts.
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    No chance of a cap raise as they just raised $700 million.
    They have plenty of cash and credit lines in place.
    They have spent $3.3 billion on land and buildings and have net assets of over $2,1 billion or over
    80 cents a share.
    They should just sell the Sydney Casino and leave NSW and concentrate on Qld and g pay a special dividend of 20 cents
    a share.
    Just announcing this as a plan would get the stock back to lasty year''s issued price of 60 cents.
 
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