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CROWN RESORTS LIMITED (ASX:CWN) - Take On China Inc. At Your Peril, 25835820, page-272 - HotCopper | ASX Share Prices, Stock Market & Share Trading Forum
CWN
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0.25% $12.09 crown resorts limited

Don't be silly - they will simply go back to using fixers. The...

  1. AngryPrawn
    595 Posts.
    lightbulb Created with Sketch. 85
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    13/07/17
    09:04
    Post #: 25835820
    Don't be silly - they will simply go back to using fixers. The cost impact will be the fixer commissions. That was the whole point of the China operation - saving those commissions (which were about 15%).

    These incentives were still being paid when fixers were engaged - so they're not material to measuring the business impact.
    CWN Price at posting: $12.34 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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