SGR 1.00% 50.5¢ the star entertainment group limited

News: SGR UPDATE 1-Australia's Star Entertainment to put most staff on leave due to coronavirus..., page-14

  1. 1,972 Posts.
    lightbulb Created with Sketch. 290
    We won't go broke. There are virtually no expenses as current. Maybe besides electricity for lighting, so the security cameras can see what's happening.

    The company has ~$98m cash as at Dec 31 2019 and we still have undrawn committed $480m debt facilities.

    No staff, no cost of goods sold, minimal maintenance. I don't see this going bankrupt.

    Possibly a takeover is more of a looming threat?

    Cheers,
    Dalto24
 
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