The James Packer Factor?
Once, James was a major asset to CWN, himself & other shareholders.
IMO, those days are over for CWN "other" shareholders!
Perhaps even much worse! Why? Simply, everyone is now locked in to 2 x substantial S/H's-Packer & Ho-both occupying
Board seats...offering little else.
Result: SP slow death by a thousand cuts.
PS: Above is predicated on Lawrence Ho being blocked from takeover, majority control etc. by FIRB, Regulators, Gov't's.
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