Not bad for a $1 million investment by SBP. And they still hold 3 million HRK shares and 250k options!
Company Announcement
Contracted to sell 5m shares & 2.5m options
SOLBEC PHARMACEUTICALS LIMITED 2002-05-27 ASX-SIGNAL-G
HOMEX - Perth
+++++++++++++++++++++++++
The Company advises that it has contracted to sell 5 million fully
paid Shares and 2.5 million Options from its holdings in Jetset
Travelworld Ltd (formerly Heartlink Limited) to Melbourne based
company Sintack Pty Ltd.
The consideration receivable from the sale is $1.6 million.
M Ruane
DIRECTOR
SBP
solbec pharmaceuticals limited
SBP take excellent profit on strategic investment
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