it is not as bad as all that...the notes must remain listed no matter what happens........if Packer wants his money back he always has to pay out the hybrids at some stage....but I agree it could be a long wait without much cashflow in the worst case scenario.
he is a deal maker so he will come back to market at some stage if he does privatise it as he doesn't really want Crown Melb and Perth
it is not as bad as all that...the notes must remain listed no...
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