I agree its a perfect storm, the china scandal, now this new scandal , thirdly I think the aussie economy is struggling no matter what the "official" govt stats say about growth, which means less people will be wasting their money at the casino and instead hoarding it for a rainy day.
Im surprised CWN isn't under $10 yet, give it a few more weeks and it will be.
CWN Price at posting:
$10.92 Sentiment: Sell Disclosure: Held