Just because Kerry Stokes wants to pay down some private debt without triggering a big tax bill through a capital return of Seven’s cash doesn’t mean that institutional investors should be dragged along to create a hotch-potch conglomerate.
Coates hire
Company boards should consider shareholders when making decisions
The Australian Financial Review’s editorial last Saturday castigated public company boards for failing to act in the best interests of shareholders. But they picked on the wrong companies, writes Adam Schwab.
The Coates Hire director who bought on the cheap
Coates Hire director Vince Gauci deserves to be asked some hard questions about his share trading in the takeover target last week, says Stephen Mayne.
