CVN 3.03% 16.0¢ carnarvon energy limited

MACQ - sell down quadrant energy, page-9

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    So Macbank and Brookfield paid USD2.1billion for Apache(Now Quadrant)

    Wesfarmers have bought 13.7% of Quadrant for USD100m.

    The look thru value of Quadrant based on the Wesfarmers deal appears to be only USD729m ?

    What am I missing ?
 
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