I agree and have said as much of late. I too think it survives and I don't think the Sydney licence will get revoked.
You are correct in that it won't come out the other end the same, but it will survive, and it will "EXPEDITE A RANGE OF INITIATIVES TO FURTHER REDUCE OPERATING COST BASE OF GROUP (cough cough cut staff) and it will readjust to its post regulated life, as will expectations.
I'd say there are a few surprised punters (pun intended) seeing the share price remain quite solid after yesterday's update. So, what happens when a new CEO gets announced, Sydney retains its licence, all while Brisbane is in its opening stages?
I agree and have said as much of late. I too think it survives...
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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 |
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| Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
| SGR (ASX) Chart |