CWN 0.25% $12.09 crown resorts limited

I am really struggling to see the appeal the proposed hotel spin...

  1. 812 Posts.
    lightbulb Created with Sketch. 31
    I am really struggling to see the appeal the proposed hotel spin off (minority interest) will have to investors. Seems like quite a bizarre call. The international spin off made more sense although a lot of those interests are pretty ordinary and left over from the buying spree before the GFC (e.g cannery stake). Does anyone see any value at all in this plan?
 
watchlist Created with Sketch. Add CWN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.