what a frustrating blue chip, page-11

re: in today's financial review i think that we are going to have to agree to disagree on this one Techno8. My expectation is that James will focus hard on asian casino expansion - particularly in new territories like Malaysia and Thailand. However, there is no prospect of the Vic govt not running a full process of calling for tenders on the Vic gaming licences( . . . .and while I fully expect TTS to get its licence renewed, the question is at what price). Therefore, i think that James would see better value elsewhere than in TTS.