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40.8¢ the star entertainment group limited

I don't think the market is expecting any sort of goldilocks...

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Tren1

1,397 Posts.

177

14/02/24

15:22

Post #: 72404809
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Originally posted by Abouttime789: ↑

Money is coming in, but they are HEAVILY regulated. it seems a lot of people underestimate how much regulation is inhibiting trade at TSEG. It is simply massive. Customers are literally having to do police level type checks just to be able to gamble. It is insane.

It is not the same business it was in 2019 when they were pulling in 200m NPAT.

Their revenue is down from those days and their costs are up. That is the reality of it.

We will not see any meaningful NPAT until QWF is Open and TSEG get their licences back so they can operate on their own.

There is going to be a real told ya so moment for these people expecting some type of goldilocks results.

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I don't think the market is expecting any sort of goldilocks result by the looks of the SP tbh?

SGR Price at posting: 53.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)
Last 40.8¢		Change -0.008(1.81%)		Mkt cap ! $1.168B

Open	High	Low	Value	Volume
41.5¢	42.3¢	40.5¢	$3.144M	7.604M

Buyers (Bids)

No.	Vol.	Price($)
77	1020092	40.5¢

Sellers (Offers)

Price($)	Vol.	No.
41.0¢	320412	53

View Market Depth

No.	Vol.	Price($)
76	986441	0.405
71	1395534	0.400
36	904344	0.395
45	2424993	0.390
42	819203	0.385

Price($)	Vol.	No.
0.410	355926	52
0.415	1256236	41
0.420	855879	25
0.425	705071	17
0.430	1920854	16

Last trade - 14.36pm 30/04/2024 (20 minute delay)


Last 40.8¢			Change -0.008 ( 2.07 %)
Open	High		Low	Volume
42.0¢	42.3¢		40.5¢	3088936
Last updated 14.55pm 30/04/2024 ?

SGR (ASX) Chart