Fairfax reports it is to pay down 1.25b in debt he incurred while paying out his sister last year. Packer has raised 1b selling off assets over the last 12 months.
No big conspiracy, just sound financial management.
And again, the board has been completely renewed with the last 12 months.
CWN Price at posting:
$11.48 Sentiment: Hold Disclosure: Held
