EGP
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1.02% $4.85 echo entertainment group limited

any opinions on egp, page-3

  1. TylerDurden
    1,182 Posts.
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    18/03/12
    21:54
    Post #: 9857351
    Hmmm, IMHO not really sure if it is worth buying at this price. It's only at this level now because of Packer's interest, so it can only be driven higher by more interest from Packer, but:

    1. it is uncertain whether the laws will be changed to allow him to own more than 10%; and

    2. it is uncertain as to whether he even can open a second casino even if he does get EGP's licence in NSW.
    EGP Price at posting: $4.19 Sentiment: None Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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