SGR 0.00% 52.5¢ the star entertainment group limited

We won't go broke. There are virtually no expenses as current....

  1. 1,973 Posts.
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    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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