The latest update is out from Star Entertainment Group Limited ( (AU:SGR) ).
The Star Entertainment Group Limited has announced that it is exploring potential liquidity solutions to enhance its financial position. The company is set to release its half-year financial report for the period ending December 31, 2024, contingent on receiving viable liquidity proposals. Failure to lodge the report could result in the suspension of the company’s shares from trading, highlighting significant uncertainty regarding its ability to continue as a going concern.
More about Star Entertainment Group Limited
The Star Entertainment Group Limited is a company operating in the entertainment industry, primarily focused on providing casino and hospitality services. It is listed on the Australian Securities Exchange (ASX) under the ticker SGR.
YTD Price Performance: -9.17%
Average Trading Volume: 173,873
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $235M
See more insights into SGR stock on TipRanks’ Stock Analysis page.