it would have been a good operation if they were able to buy...

it would have been a good operation if they were able to buy more than one pub but i suppose with the tight liquor licensing laws in WA and lack of opportunities that arose, this wasn't to be. Do you see any micro-breweries booking a profit? i certainly dont. Unfortunately trying to sort out a nob like Ross Smith who started up Colonial was dragged on longer than thought with him going into liquidation etc. goosey, as a s/holder i dont see a problem with them selling the pub to a major s/holder. lets hope the board finds a new project to boost up that SP!!