Is STAR too big to fail?, page-19

not sure what insider scoop you “think” you have however your delusion that star is getting extorted via proxy of NICC to fire sale their Sydney casino is laughable

if you had that level of inside scoop I’d imagine you would be making squillions shorting this stock

many posters in the last few years have said they’ve got inside scoop of the gaming industry but they all talk bs

your guess is as good as mine however yours it’s a bit more outlandish

also in your wording tseg has 1.3b of debt incl queens wharf , how much in assets do they hold ? In no way would it fly for them to sell all of their assets via an administrator for less than 50% of its worth.

provided fire sale being 20-30% below market the nta still breaches 30c which is a comfortable loss if that’s the absolute worst case scenario here