set for another big run??, page-30

Hi dkelleher,
Thoughtful post.
The Swicks hold a mjority stake, Is it good or bad?
It is a double edged sword.
1) The good:
# Massive "skin in the game"
# If CGM is paying a lot of tax, then franked dividend will be a priority.
2) The bad:
# Remote ( I must stress REMOTE) possibilty of selling part of the business/merging with another entity that will be to their advantage,but not necessarily to "small" holders.
# many large players might be reluctant to take a stake.They might not like being so overpowered.
.....
What might eventually happen is they offload some of their holding ( at the right price,of course) to a cornerstone investor & achieve some balance that will not frighten other investors.

regards.