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46.0¢ the star entertainment group limited

Looks as though the retail sh's are up for the majority of the...

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CbrMaroon

5,191 Posts.

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23/02/23

10:32

Post #: 66414573
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Originally posted by SmileSydney: ↑

In order to secure the financial flexibility to meet anticipated cashflow requirements and navigate a range of operating and regulatory uncertainties, the Company is announcing in conjunction with the release of the half year financial statements a plan to execute a capital restructure. The capital raising will take the form of an $800.0 million equity raising, including approximately $685.0 million 3 for 5 pro rata accelerated non-renounceable entitlement offer and approximately $115.0 million institutional placement. The Company's joint venture partners, Chow Tai Fook and Far East Consortium, have provided binding pre-commitments for approximately $80.0 million, which equates to their functional pro-rata entitlement in the equity raising. The balance of the equity raising is underwritten.

The Company has also secured a relief package from existing bank and USPP lenders to amend covenants through to and including 30 June 2025, conditional on completion of the announced capital restructure.

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Looks as though the retail sh's are up for the majority of the cr?

SGR Price at posting: $1.52 Sentiment: None Disclosure: Not Held
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(20min delay)
Last 46.0¢		Change 0.000(0.00%)		Mkt cap ! $1.319B

Open	High	Low	Value	Volume
45.5¢	47.0¢	45.3¢	$2.498M	5.436M

Buyers (Bids)

No.	Vol.	Price($)
16	885434	45.5¢

Sellers (Offers)

Price($)	Vol.	No.
46.0¢	1171227	9

View Market Depth

No.	Vol.	Price($)
13	792610	0.455
52	628008	0.450
10	548403	0.445
25	570602	0.440
11	472183	0.435

Price($)	Vol.	No.
0.460	795563	4
0.465	63450	1
0.470	192241	4
0.475	206000	2
0.480	310568	5

Last trade - 16.10pm 30/05/2024 (20 minute delay)


Last 46.0¢			Change 0.000 ( 0.48 %)
Open	High		Low	Volume
45.5¢	46.8¢		45.5¢	1613775
Last updated 15.59pm 30/05/2024 ?

SGR (ASX) Chart

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