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, http://47.105.50.196 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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