People say market cap has no bearing on fines but it absolutely does as it determines the feasibility of paying the fine. There is no point fining a company that can’t pay it because then they get 0.
couple the fact austrac fining a company into bankruptcy inadvertently then crimples the nsw gov as they rely on the tax to operate and recently baked in a lot of revenue into budgets forecasted
couple that with the deal they struck for jobs . 3000 for that matter.
fine will be 150m or less
Place my bets, Star Entertainment Group Ltd - ASX: SGR, page-408
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Last
49.0¢ |
Change
-0.010(2.00%) |
Mkt cap ! $1.405B | |||
| Open | High | Low | Value | Volume |
| 50.0¢ | 50.0¢ | 48.8¢ | $8.231M | 16.30M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 327225 | 49.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 49.5¢ | 422814 | 9 |
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| Last trade - 16.10pm 21/06/2024 (20 minute delay) ? |
| SGR (ASX) Chart |