SGR 0.00% 58.0¢ the star entertainment group limited

News: SGR Star Entertainment Group Updates On Extension Of Manager's Term, page-5

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    " Mathieson says The star Entertainment Group has hurdles to get over but marvellous assets make it a sound investment.
    Bruce Mathieson,the biggest S/H in SGR conceded the firm faced a raft of hurdles after the regulators announced a second probe into the troubled casino owner "
    The Courier Mail tonight by Glen Norris
    SGR greatest threat IMO was the period of re- financing with Bain a Co/ Oaktree/Brookfield/Larry Fink etc circling but through dilution and capital destruction Star S/H through the CEO got the desired result after two recent C/R's as well Delays in Queens Wharf,the share price getting of lts knees (42c approx) and it's now time for a second probe.It might be prudent for the NICC to be more transparent to Miliner, Mathieson,SGR Top 20 as we might fend off a third probe as Queens Wharf is about to open
    It the same madness as Keating stepping in with the recent Brookfield T/O of Origin or the madness of Healthscope ( Bain a Co) now registered in the Cayman Islands Is it Paramount who owns the AFR today?
 
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