Star Entertainment share price crashes 23% as investors rush to sell
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The Star Entertainment Group Ltd (ASX: SGR) share price has fallen off a cliff on Friday.
Star Entertainment shares crashed 23% to an all-time low of 10 cents per share at lunchtime.
This followed an announcement from the casino operator that it would likely not be able to lodge its 1H FY25 report, due today, unless it can find new liquidity before the market close.
This has prompted many investors to sell their Star Entertainment shares today.
At the time of writing, Star Entertainment is, by far, the most traded ASX stock on the market today.
More than 90 million Star Entertainment shares have already been traded today. To put that into context, the second-most traded company has seen less than 50…
