You have to wonder at times how the market looks at things.
Despite losing licence to Barangaroo and now a Victorian Royal Commission into Crown's activities which could end up with Crown losing its gaming licence in Victoria, Crown is still trading at $9.99 !! Barely any change since Nov 20 ! Did I miss something?
At its March 23 lows, Crown was trading at $6 and I would say that Crown's business has never been at its worst. And I believe it is a no brainer that Crown is found not to be clean in its activities (I have been rather diplomatic ), perhaps the market does not believe that Victorian Govt would penalise Crown harshly.
