Sports Entertainment Group Limited (AU:SEG) has released an update.
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Sports Entertainment Group Limited reported a substantial net cash inflow of $5.5 million for the quarter ending September 2024, bolstered by proceeds from the sale of Perth Wildcats shares and a reduced debt facility. The company also announced a fully franked dividend of 2 cents per share, reflecting strong financial health. With a cash balance of $16.1 million, SEG continues to show robust performance and growth potential.
For further insights into AU:SEG stock, check out TipRanks’ Stock Analysis page.