CWN crown resorts limited

Or, as proposed in the commission, CWN gets an 18 month...

  1. 42 Posts.
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    Or, as proposed in the commission, CWN gets an 18 month probation period where they can keep operating, gut the management team, put an administrator in place and have 3 very attractive casinos operating in 2022. Blackstone is unlikely to completely withdraw, they own 10% of the company. However, they may make a much more opportunistic offer at $9, $10 or $11 as the regulatory clouds begin to clear. There's a lot of sentiment and not many facts out there right now.
 
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Currently unlisted public company.

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