SGR 0.00% 45.0¢ the star entertainment group limited

Well reasoned Volf. I accept there are risks, and a capital...

  1. 447 Posts.
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    Well reasoned Volf. I accept there are risks, and a capital raise is indeed one of them. Still, I’ve today added 3,000 to my original 10,000 holding (purchased at $2.79). I’ll look to add further if the share price slides another level down. All your points are valid, but I just think that in five years time, the current consistently negative noise will have subsided, and the actual business could be doing very well. The assets are tier one quality, and higher taxes don’t change the premise that a casino licence is basically a licence to print money. It’s a very dark night at SGR right now, but I find it hard to accept that the sun won’t eventually shine quite brightly again when existing and developing assets are of such quality.
 
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