Monetising a gas/oilfield could be/should be as easy/easier than...

Monetising a gas/oilfield could be/should be as easy/easier than Monetising a Stallion !!

The share in Widden’s headline stallion Zoustar was billed as a rare opportunity and it lived up to the hype on Wednesday as it became the most expensive stallion share ever sold at public auction in Australia when realising a sale-high of A$1.3 million (£675,000/€800,000) on the Inglis Digital June (Early) Online Sale.

The 1/60th share in the 13-year-old was offered by Qatar Bloodstock and the price tag effectively values the star stallion at A$78m.

The eventual winning bidder was Bangaloe Stud, and Julia Ritchie was delighted to win the fierce bidding duel.

Ritchie got a taste for the market’s thirst for progeny of the stallion at this year’s Inglis Easter Yearling Sale, selling a colt out of Phantom Queen to the James Harron Bloodstock Colt Partnership for A$650,000 through the draft of Widden Stud.

Zoustar’s 54 stakes winners are headed by eight elite-level winners, including Coolmore Stud Stakes-winning pair Sunlight and Ozzmosis.

The stallion will stand the 2024 season for an increased fee of A$275,000 (inc GST), which will make him the equal most expensive stallion in the country alongside Australia’s dual champion stallion I Am Invincible.

https://www.racingpost.com/bloodstock/anz-bloodstock/hes-worth-it-every-penny-of-it-zoustar-valued-at-a78m-after-share-sells-for-a1.3m-aYDCS1e2OjE2/