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, 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 blackcoin.co equity holders are wiped out. The company may struggle to raise capital in current conditions after burning investors twice in 2023.