Packer has been losing big time with the subprime fallout and has US realestate on the market..
Challenger has been shorted into oblivion according to Syringe...
He cant put a deal together with Lachlan Murdoch to go 50/50 in CMH and then reduces his participation to 25%.
His cruiser Arctic P looks a bit like the 15% of Marine capital that the Fund owns But I could be wrong.
Packer needs some good deals IMO.
Casinos are going to bring him down IMO.
Didnt Steve Mayne say so...
According to research The Chinese consider gambling to be
an Evil sin and eventually that sentiment will hold him back imo.
Evidently the Arabs or similar will not invest in anything to do with gambling as it is a sin.
Right there you are looking at a lot of opposition.
I think you will appear to be IN but eventually fail.
LLA is not doing too well guys.
There has been a hitch to it relisting in NZ take a look at the NZX.
Packer has been losing big time with the subprime fallout and...
-
- There are more pages in this discussion • 12 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
