The idea doesn’t bother me particularly but wouldn’t they need...

The idea doesn’t bother me particularly but wouldn’t they need ASX approval and/or an amended company constitution if they want to do property development?

Market hasn’t taken kindly to this revelation. It really needs far more explanation and disclosure if it’s going to be a serious business segment of the company. Reminds me a bit of they hay days in Perth, with Allen Bond, Kevin Parry, Lawery Connel etc nothing was off limits, who cared if you had a sprawling asset base in your company with media, resources , property, brewing all rolled into one? People have got really stuck up in these new markets of ours. They are basically run to serve the stockbroking and banking communities. It’s good to see a little unorthodoxy. Property and commodities are tangible assets that can survive derivative market meltdowns.Esh