Holding 60% is a poor move as it means anyone interested in taking it over to do better things with it could not succeed with at Fairfax stake of 60% .. make it 40% or less and holding Domain might be great. Fairfax is being too greedy and stealing opportunities for real growth for new holders. Fairfax is in decline but does not want to.let go of the only section which could do better for itself under new administration.
It always amazed me that one of the oldest richest families in Australia made its money selling leftist news but a merger with ABC might give Fairfax a longer lifeline imo. Lol
Worth buying for the split?, page-23
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