Firstly, it is of no concern to the regulator what a long-suffering shareholder may feel about the process. The investigation will take its own course. Given the likely number of breaches, they will want to be thorough in their investigation.
Secondly, industry professionals consider SGR breaches to be more egregious compared to Crown. Take it from an industry professional.
Thirdly, a breach of the AML legislation is a strict liability offence - feel free to look that up.
Finally, in totality, $150m is light compared to what Crown is paying. Given the regulators recent utterances as to management's 'lack of priority' and questions by the courts as to the apparent 'leniency' shown by regulators in other similar cases, it doesn't bode well for SGR.
Watch this space, but industry information indicates that current discussions are in the range of $300-350m.
- Forums
- ASX - By Stock
- Place my bets, Star Entertainment Group Ltd - ASX: SGR
Firstly, it is of no concern to the regulator what a...
- There are more pages in this discussion • 242 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SGR (ASX) to my watchlist
(20min delay)
|
|||||
Last
39.0¢ |
Change
-0.010(2.50%) |
Mkt cap ! $1.118B |
Open | High | Low | Value | Volume |
40.0¢ | 40.0¢ | 38.5¢ | $7.856M | 20.05M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
11 | 1223673 | 39.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
39.5¢ | 437363 | 13 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
11 | 1223673 | 0.390 |
49 | 1473827 | 0.385 |
76 | 2691419 | 0.380 |
28 | 980611 | 0.375 |
29 | 577934 | 0.370 |
Price($) | Vol. | No. |
---|---|---|
0.395 | 437363 | 13 |
0.400 | 934498 | 10 |
0.405 | 1267200 | 12 |
0.410 | 841985 | 13 |
0.415 | 916814 | 12 |
Last trade - 16.10pm 26/04/2024 (20 minute delay) ? |
|
|||||
Last
39.3¢ |
  |
Change
-0.010 ( 2.75 %) |
|||
Open | High | Low | Volume | ||
39.5¢ | 39.8¢ | 38.5¢ | 8369156 | ||
Last updated 15.59pm 26/04/2024 ? |
Featured News
SGR (ASX) Chart |