The allegations, if proven, would run against the probity requirements of casino licences.
Mr McCarthy said Mr Wilkie is a known opponent of poker machines and "has an axe to grind", which may be moderating the investor response to Crown shares at the moment.
I guess that explains the recovery.
I did not know Wilkie's possible bias, and I think he is protected by privilege so has not necessarily researched the issue thoroughly himself. I hope it is unfounded as the allegations are awful. I should have held for a bit before selling until CWN had come out with a statement, darn my inexperience.
Think it will be bumpy for a bit again, so I will wait on the sidelines. And we were just about to start recovering.
CWN Price at posting:
$11.23 Sentiment: Sell Disclosure: Not Held