Ok, thanks @Tren1 and @aussiekangaroo8. That’s reassuring. I reckon SGR can deal with everything else. Eventually, the quality of the assets should move more into the forefront of investor minds as the risks described in @Zimingliu’s post recede. I think then today’s share price will be seen in hindsight as a buying opportunity.
No doubt we will experience some further grief on the journey, but as Warren Buffett once remarked “you will pay a pretty penny for a cheery consensus”. We all seem to be operating on the inverted premise “you won’t pay much at all for an unloved caterpillar”. Hopefully SGR will turn into a butterfly towards the end of the decade.
Place my bets, Star Entertainment Group Ltd - ASX: SGR, page-6
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Last
49.5¢ |
Change
-0.010(1.98%) |
Mkt cap ! $1.419B | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.5¢ | 49.5¢ | $2.231M | 4.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 24 | 928140 | 49.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 50.0¢ | 80187 | 3 |
View Market Depth
| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SGR (ASX) Chart |