It probably will be via this vehicle but not for a while. The company wants to take the Cairns Casino to float on the Hong Kong Stock exchange however they need to be trading for a whole (calendar) year before they can do this.
That is why they broke away from the deal to buy the Reef Casino in Cairns and just buoght Casino Canberra which they pushed it through just before Christmas.
I'm just concerned that the shareholders funds are being used to pay for the salaries of the staff brought in from Macau on huge $$$. The appointment of Jess Mellor this morning as a director of AQS is interesting knowing that her salary of $280k is almost more than double that of last year's GM!
AQS Price at posting:
19.0¢ Sentiment: None Disclosure: Not Held