Original article by Andrew White
The Australian – Page: 16 : 12-Jan-16
Shares in Crown Resorts closed $A0.11 higher at $A11.87 on 11 January 2016. Sacha Krien and Anthony Longo of CLSA have concluded that the casino operator is currently trading at a discount to fair value, and suggest that there is a "reasonable chance" that Crown will be privatised by 53 per cent shareholder James Packer. CLSA has upgraded its share price target by seven per cent, to $A13.38.
CORPORATES
CROWN RESORTS LIMITED – ASX CWN, CLSA AUSTRALIA PTY LTD, MELCO CROWN ENTERTAINMENT LIMITED, MORGAN STANLEY AUSTRALIA LIMITED