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Month: May 2019

Stock Crown Resorts (CWN) $12.27 as at 31/05/2019 Event Shares in the casino owner Crown have taken a hit today after James Packer, Crowns biggest shareholder sold a 19.9% stake for $13 to Hong Kong based Melco Resorts. The US listed Melco paid a total of $1.76b for the shares at a slight premium to […]

  • Posted in ASX:CWN
  • Comments Off on Crown slumps as Packer sells down his stake

Stock Mirvac (MGR) $3.10 as at 29/05/2019 Event Shares in Australian owner & developer of real estate group Mirvac remain in a trading halt following the announcement of a $750m placement to the market today. The deal will be priced at $2.97, around a 4% discount to the last traded price, while MGR will simultaneously […]

  • Posted in ASX:MGR, REITs
  • Comments Off on Mirvac Raising Capital
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