worst case is casino is made to close , like casinos in las vegas have been.
hotels will be loss making i would think , restaurants empty pretty much
so its a tough time for sky city
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I'm not saying that SKC (that provides accommodation and entertainment services) is not a "den of iniquity", although I don't personally think that is an entirely accurate description. That is anyway a separate argument. I just said, in counter to your negative comparison of SKC to "church groups", that SKC would likely have a higher ethical standard than some of those organisations, which I think is clearly the case. I would think that we can probably both agree that overall both groups are roughly comparative ethically. In terms of applying social distancing rules, you could argue that the same rules should apply, and maybe they should, but the economic consequences of closing large employers is likely to be more significant than closing church groups.
https://www.nzx.com/announcements/350444 Interesting times coming for SKC shareholders.
NZ casinos would have to close at level 4
New all time low for SKC. If I remember correctly the IPO was at $1.40 24 years ago in 1996 !
Splits and or rights issues have changed the issued capital quite a bit. An old 1998 Investment yearbook has the listing being at the equivalent of $4.25 with 100m shares on issue for a market capitalisation of $425m at issue price. Now there's 667m shares on issue and a market cap at $1.30 of $867m.
Having not followed them closely, I don't know how much of the change from 100m to 667m was rights issues, bonus issues, shares to executives or splits.