Star stock holds at AUD 0.125 as AGM vote nears
Published on 10/08/2026 at 08:01 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Star stock (ISIN AU000000SGR6) closed at AUD 0.125 on the ASX on October 6, 2026, unchanged during the session. The price sits AUD 0.075 below the 52-week high of AUD 0.20, a 37.5 percent gap that keeps the company's recovery story firmly tied to execution.
FY26 loss remains the central test
According to Bushletter on September 1, 2026, Star reported FY26 revenue of AUD 1,306.2 million, up 0.5 percent from the prior year. Statutory net loss was AUD 307.3 million, although the loss narrowed 28.2 percent year over year.
The same FY26 accounts carried a going-concern warning from the directors and auditors, while cash and cash equivalents stood at AUD 267 million at June 30, 2026. That combination makes the revenue increase a limited operational improvement rather than a completed turnaround.
AGM brings a dilution decision
According to Focus Gaming News on September 24, 2026, shareholders will vote at the October 27, 2026, annual general meeting on issuing more than 105.9 million shares to Bally's and Investment Holdings. The proposed shares would settle AUD 11.9 million of interest liabilities at an issue price of AUD 0.1123 per share.
The proposal is designed to preserve liquidity, but it would also increase the share count if approved. Focus Gaming News reported that the company expects the issue on October 28, 2026, subject to shareholder approval, giving the AGM a direct balance-sheet and dilution dimension.
Consensus stays below the close
Investing.com lists a Sell consensus for Star based on one analyst and an average 12-month target of AUD 0.12, with the high and low targets both at AUD 0.12. The target is below the October 6 close, while the quoted 52-week range runs from AUD 0.08 to AUD 0.20.
Regulatory pressure remains a separate risk factor. Reuters reported on September 25, 2026, that the New South Wales gaming regulator extended oversight and that Star's Sydney casino licence remained suspended.
Star stock stays near AUD 0.12
Star stock closed at AUD 0.125 on the ASX on October 6, 2026, with volume of 2,403,436 shares and an unchanged session. The next major company checkpoint is the October 27, 2026, AGM, where liquidity preservation and potential dilution will be decided.
Star stock facts
- Company: The Star Entertainment Group Limited
- ISIN: AU000000SGR6
- Ticker: SGR
- Trading venue: ASX
- Price (as of October 6, 2026): Closing price AUD 0.125
- Market capitalization: AUD 829.4 million (as of October 8, 2026)
- 52-week range: AUD 0.08-0.20
- Sector / Industry: Consumer discretionary / Hotels and entertainment services
Upcoming dates for Star stock
- October 27, 2026: Annual general meeting
- October 28, 2026: Proposed share issue, subject to approval
