one thing I fear about for SGR is the large number of employees the company has, 9,000 now and anticipating 14,000 in 2023, that's nothing to boast about, as that's a tonne of wages that need to be paid, a tonne of super and holiday pay and sickness benefit that needs to be paid.
Below is some research I have found, in the US there are companies with a market cap x20 what SGR has which has less employees.
