II think the sale of a minority share in SDV is what Anthony is looking at. This has the advantages as you have outlined but to me the greatest advantage of doing it this way is that it will put a value on SDV immediately. Using round numbers if GXY sold 35% of SDV for $350 million then GXY's 65% is worth $650 million! Using US dollars of course. Convert that back to AUS dollars and GXY is getting close to a AUS$2 billion company. ASX 100 here we are! This could happen in a week, a month or 6 months, who knows? IMO in the present environment it is more likely to happen than not and when it does GXY will re-rate overnight. We have the wonderful advantages here of 3 great assets and as important great Management. I have also been in this stock since Iggy Tan and have now recovered my losses from those days and I see plenty more blue sky from here. GLTAH.
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