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SG Lottery auction into day five, cornerstones in the dark

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The silence is deafening at SG Lottery.

Cornerstone investors, together on the hook for about $3 billion, have not heard a word about their IPO bid since the brokers confirmed their offer was submitted on Friday (Australian time).

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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
Yolanda Redrup is the editor of the AFR Rich List. She previously reported on technology, healthcare and Street Talk. Connect with Yolanda on Twitter. Email Yolanda at yolanda.redrup@afr.com
Kanika Sood is a journalist based in Sydney who writes for the Street Talk column. Email Kanika at kanika.sood@afr.com.au

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Original URL: https://www.afr.com/street-talk/sg-lottery-auction-into-day-five-cornerstones-in-the-dark-20211022-p592a7