i brought my average from $1.2 to $0.75 and now $0.45 so i feel your pain mate
As above has mentioned it is usually % of market cap and they also factor in financial viability of said fine to be paid eg the EBITDA of the business, they wont issue a fine of $500m knowing the company will fold - waste of their time, also note they do not want to be the guillotine to the star after how close it has come in recent months
All i know for sure is whatever fine is proposed it will be allowed to be paid over time interest free as that was what was provided to Crown therefore precedence is set, i am thinking a $150m fine, market cap will be $600m once fine is issued as SOI will jump by 2x (assuming no drop in SP post vote), i believe 7% of market cap was for crown so $150m with $600m market cap is astronomically high anyway.
SGR Price at posting:
10.8¢ Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)