The remains their intention until suitable providing it remains within its target leverage range at the time. Other analysts have remained silent about Star since its financial update was delivered last week. Equity analysts are not so confident, with Morningstar analyst Angus Hewitt, in a note to investors, worship.com.ng saying that at its current cash burn, the company would be lucky to make it to its interim results scheduled for February 28. "We now incorporate a 50 per cent probability that Star falls into administration, and equity holders are wiped out," Hewitt said.
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