Add 'Why the Star Entertainment share price is taking a time-out today'

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Yukiko Skinner 2 months ago
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      Why-the-Star-Entertainment-share-price-is-taking-a-time-out-today.md

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Why-the-Star-Entertainment-share-price-is-taking-a-time-out-today.md

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<br>The company subsequently secured fresh funding, published its numbers and returned to trading in volatile style. Morningstar estimates Star has a fair value of $0.20 implying a price to fair value of 0.7, [https://zudate.com/@cliffordsib619](https://zudate.com/@cliffordsib619) indicating the company trades at a discount to fair value. However, investors should approach with caution as the Uncertainty Rating remains extreme. Morningstar now prescribes a 50% probability that the casino operator falls into administration and equity holders are wiped out. The company may struggle to raise capital in current conditions after burning investors twice in 2023.
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