new neighbour to merlinleigh, page-17

Brilliant OKeefe, thanks mate, especially for the excellent in-depth legal and corporate research.

With so many Gujarats it is difficult to follow, though I presume they have deliberately structured their businesses to be that way.

I presume the directors and shareholders of Rey now wish they had not sold 90% of their Canning basin oil and gas rights to the Gujarats in 2008 for some $270,000 - what a bad decision. It may go down as one of the worst in Australian corporate history, only time will tell.

Gw