Ann: Tiger Palace Update - Hotel Soft Opening, page-4

Until Mr Market realises they have announced an opening without a restaurant ready, with less than half rooms available: basically this launch is for the ASX not for the actual business the business isn't at the stage where this launch has any real menaing.

Cost and time overruns, multiple sovereign risks from tax and licensing bodies at multiple levels, combined with a launch that's way ahead of any usual hospitality timeline and a CR at 2.5c says that's the most likely direction the SP will go. i,e: towards the 2.5c.