Thanks for your comment angyungjebi. At current prices, this security is yielding ~11%pa gross (post-step-up). Where else can you get that sort of return from a company that has:
1. About $400m cash even after paying down WesTrac's debt
2. A business (WesTrac) set to make $231m EBITDA in FY2011
3. A half-share in SMG
4. A massive investment portfolio including 23% of WAN and 20% of CMJ
5. Kerry Stokes as CEO now having all of his major investments on the line in the one public vehicle (SGH).
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sevpc back to $90, page-3
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