I have now held this for three years and it has gone nowhere. However, during that time it has been building post Covid value. I think part of the problem is that gambling/casino stocks are hated and seem to logically sit in private hands where there is patient capital. The regulatory/ government issue is also a big issue whether the Chinese government or locals.. I would love to see 12c but I think 8c is more realistic and a bid at this level would get over the line.
Ann: Quarterly Activities and Cashflow Reports, page-9
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