CWN 0.25% $12.09 crown resorts limited

Low 10's, page-17

  1. 756 Posts.
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    From SBS:

    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.
 
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