one thing different is that only one missus has an independent income :)
October 12, 2010,
Mineral Resources co-founder Chris Ellison has made the most of the WA contractor's soaring share price to cash in a $35.9 million parcel of stock.
The sale, announced yesterday and done at an average price of $10.25, comes just over a week since Mr Ellison transferred about $20 million in Mineral Resources shares in an off-market transfer for no consideration.
The transfer is understood to have related to a divorce settlement.
It was unclear last night what Mr Ellison planned to do with the proceeds of the latest share sale.
Mr Ellison, one of WA's richest men, remains Mineral Resources' biggest shareholder with an 18 per cent stake worth about $320 million.
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