re: Ann: Seven Network and WesTrac - Scheme I... I reduced my...

re: Ann: Seven Network and WesTrac - Scheme I... I reduced my SEV holding today simply because it is not my the old SEV anymore. I still keep my SEVPC shares for income purpose, and try to get more today @$90, but missed out by 5 seconds.

I don't like the equipment hiring business. It is more or less a phony business. Having said that, I made some good money on NHC, and Coates Hiring, but lost a lot on BOM.

Well, having said that, I still keep a lot SEV shares for other purpose.

In a word, the new SEV group is a much riskier business. An award should go to Kerry Stoke for looting other SEV shareholders. Another award will go to the SEV board, for pull off such a deal in favor of one SEV shareholder!!!

IOOF has become a significant shareholders recently. It will be very interesting to watch their move.

Let's see.....