If a global pandemic resulting in ongoing lockdowns, a regulatory investigation and corporate activity rejection were not enough to upset those at The Star Entertainment Group (ASX: SGR), they can add $13 million in historical staff underpayment to their list of operational issues. Fortunately for the casino operator, the wage underpayments were uncovered internally and
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The ASX is replete with hugely successful companies that not long ago were small caps, such as Afterpay and Fortescue Metals. Sadly, there’s also the reverse: ‘famous name’ blue chips that have fallen out of favour and have been unable to participate in the virile market recovery. Takeover raiders have sniffed the blood in the
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“The place to be”? Not for many ASX listed stocks who are copping a hit from a second wave of COVID-19 infections across Victoria. US shares have returned to their highest levels since the COVID-19 selling began, but our shares are still a way off that level, with recent underperformance corresponding to the spike in
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