Announcement says it is for asset security services. This may be the ongoing security of the facilities rather than for individual events which could be a separate contract. If so probably more secure in terms of employing staff regularly. Hopefully we will get some clarification in the quarterly. Market reaction has certainly been underwhelming. I wonder how they will manage working capital as they will employ more people and be paid with a lag?
MSG Price at posting:
2.5¢ Sentiment: Hold Disclosure: Held
(20min delay)
