another roll of the dice, page-15

So the guy who triggered the big landslide last two days, is reportedly looking at some of Trinitys assets for his own portfolio?

Abstracted from The Australian Financial Review (29 May 2009):
"Queensland businessman, Clive Palmer, is believed to have offered $A80 million for a portfolio of five Brisbane properties owned by Trinity Group. Seymour Group chair, Kevin Seymour, is also believed to have bid for the assets and is undertaking due diligence on the purchase of a $A110 million Brisbane office tower as well"

According to announcements Seymour transferred holding to related company a couple of weeks ago before all this news broke, so the plan to offload was already in place I assume? Guessing this KS1 needed some capital losses on its books?