SGR 2.15% 47.5¢ the star entertainment group limited

Place my bets, Star Entertainment Group Ltd - ASX: SGR, page-408

  1. 1,538 Posts.
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    People say market cap has no bearing on fines but it absolutely does as it determines the feasibility of paying the fine. There is no point fining a company that can’t pay it because then they get 0.

    couple the fact austrac fining a company into bankruptcy inadvertently then crimples the nsw gov as they rely on the tax to operate and recently baked in a lot of revenue into budgets forecasted

    couple that with the deal they struck for jobs . 3000 for that matter.

    fine will be 150m or less
 
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