Previous Close | 0.3120 |
Open | 0.3180 |
Bid | 0.3180 x 220000 |
Ask | 0.3300 x 210000 |
Day's Range | 0.3180 - 0.3180 |
52 Week Range | 0.2480 - 0.8172 |
Volume | |
Avg. Volume | 415 |
Market Cap | 997.168M |
Beta (5Y Monthly) | 1.18 |
PE Ratio (TTM) | N/A |
EPS (TTM) | -0.4900 |
Earnings Date | N/A |
Forward Dividend & Yield | N/A (N/A) |
Ex-Dividend Date | Feb 25, 2020 |
1y Target Est | N/A |
(Reuters) -Australian casino operator Star Entertainment posted a smaller-than-expected drop in first-half profit on Thursday amid intense competition and lower discretionary spending, sending its shares sharply higher in early trade. Shares of the cash-strapped casino operator jumped more than 5% to A$0.505 by 0015 GMT, outperforming the benchmark stock index which was down 0.2%. Star posted A$25 million ($16.24 million) in normalised net profit after tax attributable for the six months ended Dec. 31, down 43% from the A$43.6 million reported a year earlier.
The Star Entertainment Group Limited ( ASX:SGR ), is not the largest company out there, but it saw significant share...
Shares of the casino operator fell as much as 25.9% to A$0.415 in early trade, posting their biggest intraday drop ever, as trading resumed after a halt on Monday. The new inquiry will investigate the suitability of Star to be associated with the management or operations of its Star Sydney casino. This would be the second inquiry into Star's Sydney casino operations since 2022.