Pretty sure it's Polo selling, can't see KAH selling that many EXT shares nor RIO.
This is what I get:
22,450,849 held by Polo as Zero Nominees
15 billion yen = 193.337 million AUD at current exchange rates (www.Xe.com)
so 193,337,000 / 22,450,849 = $8.61 AUD
Probably not as much as Polo wanted but it does give the market a wake-up call that other markets, ie the corporate market has a different valuation to that arrived at by the general ASX traders ie the geniuses you get buying 1,000 or 2,000 shares.
I have been saying it until my throat is sore, the ASX traders have no idea, it is only corporate and sovereign entities that do the calculations and work out the value.
EXT Price at posting:
$7.00 Sentiment: LT Buy Disclosure: Held
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