Intellectual property question, page-10

I sold my half of a very successful finance business to my business partner in the very early stages of the GFC. We had already discussed all of the issues that were arising, and were on the same page, and knew all of the issues that were confronting us. However he wanted my half, and I did not. We are still friends today, and I currently have new business dealings with him.

However in the market there is rarely this "discovery" and discussion of relevant factors discussed openly and honestly between all interested parties. When there is a selldown or other event, there is very significant information asymmetry. I would exclude some very large Aussie companies from this, but a co like RWC would certainly have scope for surprises.