BUZZ-Australia's Star Entertainment hits 1-month low as available cash depletes

Reuters

01/30

BUZZ-Australia's <a href="https://laohu8.com/S/EHGRF">Star Entertainment</a> hits 1-month low as available cash depletes

** Shares of cash-strapped casino operator Star Entertainment Group SGR.AX fell as much as 7.8% to A$0.148, their lowest in a month

** Co says available cash stood at A$130 million ($91.44 million) as at Dec-end, down from A$168 million as at Sept-end

** Also reports Q2 EBITDA of A$6 million ($4.22 million) before significant items, swinging from a loss of A$8 million in pcp

** About 14.1 mln shares change hands, 1.2x the 30-day average of 12 mln shares

** Stock ended down 5.3% in 2025

($1 = 1.4217 Australian dollars)

(Reporting by Jasmeen Ara Shaikh in Bengaluru)

((Jasmeenaraislam.Shaikh@thomsonreuters.com))

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