Star Entertainment share price leaps…then crashes on first day of trade since February
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The Star Entertainment Group Ltd (ASX: SGR) share price is on a wild ride today.
Shares in the All Ordinaries Index (ASX: XAO) casino operator closed down 15.4% on 28 February, trading for 11.0 cents apiece.
That was the last day ASX investors have had to buy and sell Star shares.
Why were Star shares suspended from the ASX?
The gambling stock entered a trading halt after management was unable to release the embattled company’s H1 FY 2025 results as they continued to seek out new sources of cash. Management said at the time they were “continuing to explore possible liquidity solutions”.
As you’re likely aware, the Star Entertainment share price has fallen hard over the past two or more years amid a range of…
