Hi d_l_b, I'm still not convinced that this will be the vehicle...

Hi d_l_b,

I'm still not convinced that this will be the vehicle which they use but it certainly may be. I was one of the managers at Casino Canberra (CC) until my contract ran out in April (I will filling in for Mat leave for 2 years) so that's why I have dealt with the players already.

They Fung's have a very complicated company structure and they have a number of projects on the go. CC will need a lot of money to turn the business around although they have great plans. There are a number of risks associated with their plans so for a while it may be a wait and see.

I think these shares will be a buy and hold but any money you use should be from the 'willing to lose' bucket, after all, this business is a gamble! (pun intended).

Ted