""Selling out of Echo removes a potential conflict of interest as authorities run the rule over separate applications by Crown and Echo for licenses to run a casino in Sydney from 2019.""
even with Crown's holding, it's had very little impact.
I suspect it was a wise move to fold, in other words it was inevitable.
poor shareholders got a kick in the groin.
if it had a better dividend/yield you might give it a second look, but yield 1.32% isn't bringing home the bacon.
2 year weekly chart.
EGP Price at posting:
$3.03 Sentiment: None Disclosure: Not Held
