You lads are forgetting the tax revenue from casinos. It’s enormous and is why CWN Sydney will go ahead. Maybe they’ll force a Packer sell down, but it’ll happen.
CWN/SGR always talked about, not sure it’ll occur, especially with Packers current holding. I’d argue this is in top up territory and CWN would be $9 and below using the index as a proxy to value. I might buy another 5,000-10,000 shares in SGR on a little more weakness.
Whilst id support a merger of the 2, I don’t see it yet. Doubt we will see a dividend in either stock until 2022, nevertheless both trade at a good discount and a safe bet on the assumption of world travel in 2022. These businesses are cash cows and should return to normal quickly.
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Mkt cap ! $1.448B |
Open | High | Low | Value | Volume |
0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 51765 | 53.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
49.5¢ | 4300 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 51765 | 0.535 |
2 | 30527 | 0.530 |
5 | 79485 | 0.520 |
4 | 62860 | 0.510 |
3 | 85560 | 0.505 |
Price($) | Vol. | No. |
---|---|---|
0.495 | 4300 | 1 |
0.500 | 1410 | 1 |
0.505 | 285552 | 5 |
0.510 | 1298991 | 21 |
0.515 | 485023 | 10 |
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