You could equally say its trading 40% above its 2020 low of $6.15. Concerns are what happens if and when:
1. Blackstone withdraw their takeover offer like Star Group. 2. When Crown loses their operating licence in Victoria and elsewhere around Australia. Or just slap wrist tarnished reputation? 3. Govt imposes Tariffs and more strict controls and costs on their business model? 4. Uncertainty of next management 5. Debt levels?
yes takeover may happen after eoy, after findings but at what price then?
CWN Price at posting:
$8.61 Sentiment: Sell Disclosure: Not Held
