you know what is ridiculous.....look at the market cap for the REA goup ( the company behind realestate.com.au.....the number 2 guys in that industry behind DOMAIN.....they are worth $400M more in market cap then the ALL OF FAIRFAX!
If gina has asmarts she should buy everyone out and then break up fairfax.....i doubt she would do it though. she's already lost a lot on her TEN & FXJ holdings....
if she sells out her position on the market though i reckon fairfax could momentarily crash below the 20's or 10's....there is just not enough demand out there for fxj shares.....sad to see an iconic company like FXJ bought down like this.....
FXJ Price at posting:
54.0¢ Sentiment: Hold Disclosure: Not Held