CWN crown resorts limited

The James Packer Factor?

  1. 7,029 Posts.
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    The James Packer Factor?

    Once, James was a major asset to CWN, himself & other shareholders.

    IMO, those days are over for CWN "other" shareholders!

    Perhaps even much worse! Why? Simply, everyone is now locked in to 2 x substantial S/H's-Packer & Ho-both occupying
    Board seats...offering little else.

    Result: SP slow death by a thousand cuts.

    PS: Above is predicated on Lawrence Ho being blocked from takeover, majority control etc. by FIRB, Regulators, Gov't's.
 
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