Crown notes continue to fall

28 January 2016

 

  Last week (21 January) YieldReport published an article on James Packer’s potential privatisation of Crown Resorts Ltd and the effect the speculation was having on Crown’s two hybrid securities. Over the course of the previous month, the price of Crown Notes I (ASX code CWNHA) and Crown Notes II (ASX code CWNHB) had fallen from $93.25 and $87.00 to $86.50 and $78.24 respectively, which meant the trading margins* of...

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