If you go back to the time Kerry Packer sold Channel 9 to Alan Bond for a $1.05 billion dollars in early 1987.Kerry Packer bought it back from Alan Bond 3 years later for $250 million.Kerry sold too soon. The 1987 crash did not happen until October 1987. Kerry made $800 million & still owned Channel 9.That is a story of selling too soon in an overpriced market.There is no better time to sell CBA than now.
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