CWN 0.25% $12.09 crown resorts limited

4 corners, page-21

  1. 4,056 Posts.
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    Interesting points of view! Here's an alternative:

    Para # 1: Management, Board & James Packer all 100% knew-indirectly plus directly.

    Para # 2: How naïve! Yes, Crown's lost, but Crown cannot settle the arrests. It is powerless. It's up to President Xi Jinping.

    Para # 3: See above. Yes, it could well mean no more Whales and VIPs high rollers.

    Para # 4: I agree, but suggest much worse.

    Additional Points: CWN is embarking upon a multi-billion property expansion binge! Based solely (according to 4 Corners Program and interview with James Packer) on a strategy of Chinese Whales VIPS high rollers. Extraordinary. Worse still, IMO it's bound to fail...
 
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