SGR 4.65% 22.5¢ the star entertainment group limited

I would imagine a few private equity firm would jump in if they...

  1. 7,264 Posts.
    lightbulb Created with Sketch. 9
    I would imagine a few private equity firm would jump in if they could get it at the right price. Based on his buying and the recently approved request for increased share holding, Bruce Matheison together with other investors would take it over if he was allowed to acquire it.

    I’d guess they are currently lose making because of the regulatory backlash and fines they’ve been receiving lately for the poor management that occurred in past years. Maybe also add a little for COVID impacts, but other than that I can’t see why they shouldn’t be profitable or even highly profitable.
 
watchlist Created with Sketch. Add SGR (ASX) to my watchlist
(20min delay)
Last
22.5¢
Change
0.010(4.65%)
Mkt cap ! $645.4M
Open High Low Value Volume
22.0¢ 23.0¢ 21.5¢ $2.513M 11.27M

Buyers (Bids)

No. Vol. Price($)
25 2372550 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 524249 15
View Market Depth
Last trade - 16.10pm 08/11/2024 (20 minute delay) ?
SGR (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.