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Star Entertainment Group Limited ( (AU:SGR) ) just unveiled an announcement.
The Star Entertainment Group Limited announced the issuance of 3,048,089,389 unquoted convertible notes as part of a previously announced transaction. This move is likely to impact the company’s financial structure and could influence its market positioning by potentially increasing its capital base.
The most recent analyst rating on (AU:SGR) stock is a Sell with a A$0.09 price target. To see the full list of analyst forecasts on Star Entertainment Group Limited stock, see the AU:SGR Stock Forecast page.
More about Star Entertainment Group Limited
The Star Entertainment Group Limited operates in the entertainment industry, primarily focusing on casino and resort services. It is known for its integrated resorts and entertainment facilities, catering to both domestic and international markets.
Average Trading Volume: 9,280,309
Technical Sentiment Signal: Sell
Current Market Cap: A$301M
For a thorough assessment of SGR stock, go to TipRanks’ Stock Analysis page.