Any view's on this share, sp50p assets 240 p/share

Something I just posted on the other Crown BB ....

ateeq Hi,

Rob is correct, but there is also the very high probability, that if the price does not go through the roof, Crown Corp will ask for the shares to be suspended, and request a rerating, after which they will resume trading at a much higher value.

You can tell from the AGM statement, that the directors want the true value of the Brazil cash reflected in the S.P, and a rerating will do that, if the news does not :)

Cheers,
PM

Can they do that?

Rob Hi,

Yes, it's been done before :)

Cheers,
PM