Everyone is trying to be Kerry Packer...
“You only get one Alan Bond in your lifetime, and I've had mine,” said Packer.
In 1987 Packer made a fortune at the expense of disgraced tycoon Alan Bond. It was widely reported that he sold Bond the Nine Network at the record price of A$1.05 billion in 1987, and then bought it back three years later for a mere A$250 million, when Bond's empire was collapsing.
Packer later quipped; "You only get one Alan Bond in your lifetime, and I've had mine".[5] Packer was then able to re-invest the proceeds in a 25% share in the Foxtel pay TV consortium.
- Forums
- ASX - By Stock
- GXY
- Top 20shareholders as 30/06_BR Coming First!
Top 20shareholders as 30/06_BR Coming First!, page-50
-
- There are more pages in this discussion • 17 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add GXY (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
LU7
LITHIUM UNIVERSE LIMITED
Alex Hanly, CEO
Alex Hanly
CEO
SPONSORED BY The Market Online