Previous close | 0.4500 |
Open | 0.5300 |
Bid | 0.5400 x 7612500 |
Ask | 0.5450 x 2655100 |
Day's range | 0.5100 - 0.5600 |
52-week range | 0.3850 - 1.1372 |
Volume | |
Avg. volume | 16,346,300 |
Market cap | 1.563B |
Beta (5Y monthly) | 1.23 |
PE ratio (TTM) | N/A |
EPS (TTM) | N/A |
Earnings date | N/A |
Forward dividend & yield | N/A (N/A) |
Ex-dividend date | 25 Feb 2020 |
1y target est | N/A |
(Bloomberg) -- Shares in Star Entertainment Group Ltd. jumped after approaches from suitors including a Hard Rock Hotels & Resorts consortium triggered expectations of a bidding war for the troubled Australian casino operator. Most Read from BloombergIran State TV Says ‘No Sign of Life’ at Helicopter Crash SiteSpeedier Wall Street Trades Are Putting Global Finance On EdgeEven If Alito Is Right, the Upside-Down Flag Was WrongChina’s Housing Rescue Too Small to End Crisis, Analysts SayGantz Says H
Shares of Star Entertainment surged as much as 22.2% to top the benchmark ASX 200 index, which was up 0.5%, as of 0141 GMT. "At this stage, none of the approaches has resulted in substantive discussions," Star said in a statement, adding that the proposals so far have been confidential, unsolicited, and non-binding. Star clarified that the consortium includes Hard Rock Hotels & Resorts (Pacific), and it has not received a proposal directly from Hard Rock Hotels and Casinos.
Key Insights Star Entertainment Group's significant retail investors ownership suggests that the key decisions are...