SVW 0.13% $43.09 seven group holdings limited

with a master STOKES, they made 2bn pay day for Boral play, all...

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  1. 5,438 Posts.
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    with a master STOKES, they made 2bn pay day for Boral play,

    all up they paid 4.5bn for 72% of Boral, they got a 2.1bn pay day in capital return, that bring their cost down to 2.4bn

    they sold about 1% sometimes ago probably to fund other business working capital
    they now got 71% of Boral which is around 4.1bn, so they roughly make 2bn including dividend.

    so you can easily justify why their stock run up by several billions


 
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