From a8d50e2fa1fd8e5972e1d837cace9773f0e0c711 Mon Sep 17 00:00:00 2001 From: kathikramer170 Date: Sat, 22 Nov 2025 18:48:36 +0000 Subject: [PATCH] Add 'SGR ASX: Star shares to remain suspended until deal with unnamed investor' --- ...res-to-remain-suspended-until-deal-with-unnamed-investor.md | 3 +++ 1 file changed, 3 insertions(+) create mode 100644 SGR-ASX%3A-Star-shares-to-remain-suspended-until-deal-with-unnamed-investor.md diff --git a/SGR-ASX%3A-Star-shares-to-remain-suspended-until-deal-with-unnamed-investor.md b/SGR-ASX%3A-Star-shares-to-remain-suspended-until-deal-with-unnamed-investor.md new file mode 100644 index 0000000..87327a9 --- /dev/null +++ b/SGR-ASX%3A-Star-shares-to-remain-suspended-until-deal-with-unnamed-investor.md @@ -0,0 +1,3 @@ +
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This will remain in effect through September 2025 at the earliest. It is true that Star Entertainment has been hurt by factors other than the financial allegations identified by Bell. But the collapse in revenue suggests the casino operator’s business model was inherently reliant on money-laundering. Strip that out, and what remains is a business that will likely not survive without a white knight. Since 2021, the share price for Star Entertainment Group has collapsed from $3.76 to 13 cents today, wiping billions in market value. Star's recent financial results were delayed by liquidity concerns and [https://blackcoin.co/best-new-online-australian-casinos-for-2025-ranked-reviewed-22](https://blackcoin.co/best-new-online-australian-casinos-for-2025-ranked-reviewed-22/) the company's shares were suspended from the ASX. +
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