There’s only one guessing game on trading desks and in dealing rooms on Friday morning: Star Entertainment Group’s share price.
Since the stock last traded at 45¢ on August 29, Star has revealed itself to be cash-strapped with 75 per cent of revenue flittering away on operating expenses and gaming takings in the toilet.
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Anthony Macdonald is a Chanticleer columnist. He is a former Street Talk co-editor and has 10 years' experience as a business journalist and worked at PwC, auditing and advising financial services companies. Connect with Anthony on Twitter. Email Anthony at a.macdonald@afr.com
