Contracts/mergers/number crunching expertise Intimate knowledge...

Contracts/mergers/number crunching expertise
Intimate knowledge about the company
Industry experience
Very well connected
Highly educated/experienced
Knows the industry


I owned Cassini shares (CZI)

CPN got demerged from CZI.
I got 1 CPN share for every 22 CZI shares plus 1c for every CZI share as a return of capital and
A franked dividend.
A month later, OZL bought CZI. I got pretty much 1 OZL share for every 68 CZI shares.

Doesnt seem so complicated now, but it was all so wordy. Wading through the ATO ruling, adding, subtracting, dividing, multiplying
Why they cant give one little equasion, lord knows.
When you are working out your cap gains (or losses) OMG.

I have had a few stocks demerge along the way.

These documents go on for ever.

You need people that know what they are doing.

If this work had to be farmed out to one of these big accounting and law firms, what do you think they’d charge.
Would they care about prices for assets or just fees for services.

I am not trying to defend.

I am being realistic.

RH knows what TOE has, he is familiar, he has a stake in the company too regardless of whether he got stocks free or cheap and his background is mergers, contracts, number crunching.
(From what I have read)

Very needed