Telstra paid $25M for 50% of Fred IT in 2013.
http://www.copyright link/business/...-nears-100m-with-fred-it-stake-20131001-jh0uf
Telstra also has a stake in HealthEngine which appears to simply be a way to schedule appointments.
Having a quick read of what Fred IT did/does, with today's MDR announcement and the amount of footprint it now has with pharmacies and patients, MDR could/should be valued similarly if not more; $100M+.
Telstra paid $25M for 50% of Fred IT in 2013....
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