with employment reaching 20% in the US, and the continual health crisis and violence protest.
Western traders are getting out of US stocks and moving onto China centric stocks.
For all its trouble and grief.. Donaco is actually in a very unique position. In that it is a very much a China centric stock, but the assets don't sit in China within Chinese Government control.. like those casino in Macau.. and that it is listed in a Western country (Australia)
Aristo Casino profitability depend on Chinese gamblers, Star Vegas Casino profitability depend on Chinese/Thai gamblers.. and Thailand economy depend on Chinese tourism.
if all the rubbish at Donaco can be sorted out, it can actually be a very highly valuable stock in this time of crisis.
The US is being hit with 3 crisis simultaneously: Coronavirus, unemployment and now violence protests.
i'd rather be holding Donaco stocks, than holding any of the Las Vegas centric stocks now.
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