Not a bad thought. I'd expect ur right, although the cheapness of the stock, currently, will be of more immediate benefit to holders. As one poster recently posted, they still seem to attract the punters, and although there may not be the same number of high roller, low margin Chinese gamblers in Australia at the moment, the outlook is still pretty good, especially now Macau is showing promising signs of growth. I would also add, the sale and lease back deal they intend to push on their property portfolio has merit for existing shareholders.
CWN Price at posting:
$11.18 Sentiment: Buy Disclosure: Not Held