re: Ann: Seven Network and WesTrac - Scheme I... 100% benefit Kerry Stoke, and 30% benefit the rest of shareholders. The value of Kerry Stoke's holding is ridiculous. At book value, acquisition cost?
Well, at least one of the my question was answered. Why Kerry not promote Seven shares? He want to keep it as low as possible, so he can sell his business to Seven at a premium price.
I have to exam the situation very carefully. It is not a risky free investment anymore.
For SEVPC, they are going to step up to 4.75% margin. But risk is higher.
Well, at this moment, I cannot do anything, only hope for the best.
Good luck.
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