Place my bets, Star Entertainment Group Ltd - ASX: SGR, page-531

I have a minor disagreement with your previous post. If The Star goes bankrupt after losing its license, the latest CR only repaid financial debts, with outstanding creditors and provisions taking priority over shareholder equity. The 2023 financial report shows fixed assets （PPE）of $1.7 billion, with creditors and provisions totaling $700 million. If assets were sold with various taxes and fees amounting to 10%, shareholder equity would be left with approximately $900 million. At the current price, there is still about 50% further drop.