Will Blackstone Be Compelled To Sell Down Its Holding?, page-13

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16/02/22

12:28

Post #: 59607750
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Originally posted by usc75: ↑

I wouldn't "call" 3 x Royal Commissions' findings "shaky"!

True, they're not legally binding, but in the political-cum 26m Aussie's court of opinion, they sure as hell will count far more than any law would!

And yes, the illegalities at Crown Casino and those external bodies that are supposed to stop criminal activities are still going on!

Finally to consider: why will the Regulators let alone the FIRB sanction a Foreign Takeover of CWN's drug-related casino operations?

Yes, you're right: we live in a fools world where corporate money laundering is not only ignored but condoned (by Banks, AUSTRAC, APRA, ACCC, ASX), prostitution rife, the Triads drug rule of law and debt collecting in China reigns supreme, and politicians keep stretching their empty hands (and heads!) for party-politic donations...

PS: Above fully supported by Royal Commission findings.

PPS: In another life, it's best to come back as Kerry Packer!

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Its pretty much all over...and they made a very healthy profit for shareholders in the process...well played by them.

Blackstone will swallow it and probably a $200m Austrac fine with tight regulation moving forward.

Who ends up with the Casino/Hotel leases will be an interesting next step to watch when the deal is done.

I hope SGR does a deal.

WA findings wont be any worse than VIC.

CWN Price at posting: $12.56 Sentiment: Buy Disclosure: Not Held
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