In regard to the Gina Reinhart saga. Part of the trust detail is that Hancock prospecting can never be sold to anyone outside of the family. Most of the value in the company is Hope Downs which I believe hasn't been developed yet.
The problem that exists, and has been handled terribly, is that what CGT implications there are cannot be paid from available liquid assets. If they can't sell their Hancock shares, they can't pay the taxes due.
The Trust needs to hang together until Hope downs starts paying dividends. That and Gina is a control freak.
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