JP knows the writing is on the wall..he may need to take a lower price around $6/7 to exit...he will end up with 9.99% at most in 6 months most likely.
Then CWN will go through some significant pain over the next 12 months restructuring and Re Branding but then once the worst is over depending on the global market and especially China, CWN will reemerge as a NEW Company like Wynn or some American Hedge Fund. (but likely still in a very challenging market)
ReBranding ReNaming Crown would be on the cards...this time next year Crown Resorts wont exist most likely.
A new reputable global owner is more likely I believe...watch this space. $6 is my T/O target.
CWN Price at posting:
$8.30 Sentiment: None Disclosure: Not Held
