I take your point that Genting is big - however what has India got to do with Genting ? Genting has no operations in India - zilch. It is a malyasian conglomerate with its Oil and Gas operations only locally ... I am sure it is going to open a few doors in SE Asia with its reach - but the point is - it is a terrible terrible commercial outcome from a shareholder perspectve....$1.1 share price vs $1.6 when the intention to move was made....
LNC Price at posting:
99.5¢ Sentiment: LT Buy Disclosure: Held