Add "Austrac, the anti-money laundering agency which helps uphold money laundering laws but which has failed to take any meaningful action against Crown." and ASX and ASIC missing in action still has me wondering how they can overlook multiple clear issues at a Casino and jump on ISX which even if all allegations were true would be a minor error not criminal actions which may result in Jail time.
Sun city NSW shut the high roller junkets in August 2019. Crown did not. ASIC, ASX and Austrack all Missing in action or scared to touch a packer? Either way focus on ISX appears to me to be more than pick on a soft target by ASX while they ignore a clearly known issue impacting on shareholders of Crown.
"And sources with knowledge of the situation have confirmed that Suncity’s fixed high-roller room at the Crown casino in Melbourne’s Southbank will also be closing as a result of the company's retreat." (08/2019) was clearly misinformed.
ISX Price at posting:
$1.07 Sentiment: Hold Disclosure: Held