I do not think you could substitute the license on the land if they lose the license as expected. I think the new license holder will have to start again and that will take time.
It will be the same in Southbank and Barangaroo.
Just potentially different outcomes. Sydney more certain to rule CWN unsuitable IMHO.
Money laundering cannot be tolerated especially money laundering on a massive scale.
It would bring Australian law and order, and financial system into complete disrepute, and make sanctions reasonably likely.
CWN Price at posting:
$8.79 Sentiment: Sell Disclosure: Not Held
