EGP 1.02% $4.85 echo entertainment group limited

Chart - Long set up, page-18

  1. 6,136 Posts.
    I would be surprised if it did much business above $5 in the short term...I see it staying 4.50-4.90 for the next couple of months.

    They have a superior bid in Brisbane...but an announcement is probably still 3 months away

    Quarterly due end of month?...more good revenue news could push it above $5 i guess.

    I want the 8 Billion $ AQUIS Casino Cairns announcement made asap as well...which gives us a better picture of the QLD gaming market moving forward.

    If CWN are locked out of QLD then it is a worry for their Australian market revenue as the bulk of Chinese tourists(and whales) will just visit QLD. Australia is a break even proposition at the moment for CWN.
 
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Currently unlisted public company.

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