Meanwhile Austrac will be sure to have a say in any future break-up plan. It can only recover what's left from the asset sales. It had initially been pushing for more than $400m in fines. Star is in no position to pay this amount in its current state.
One option being considered by Austrac could take the pressure off the casino's board. This involves a smaller upfront payment that scales up if Star's earnings hit certain milestones in coming years.
Why three-way split could be final act for Star casino https://www.theaustralian.com.au/business/companies/why-a-threeway-split-could-be-the-final-act-for-star-casino/news-story/87c671b86258248ce0501ab6a00a2ab6
SP @ Open, page-55
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Last
26.5¢ |
Change
0.005(1.92%) |
Mkt cap ! $760.2M | |||
| Open | High | Low | Value | Volume |
| 26.5¢ | 27.5¢ | 26.0¢ | $2.273M | 8.476M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 41 | 1075956 | 26.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 27.0¢ | 434263 | 46 |
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| Last trade - 14.48pm 11/10/2024 (20 minute delay) ? |
| SGR (ASX) Chart |