http://www.viostream.com/7Network/The above is a must watch !...

http://www.viostream.com/7Network/

The above is a must watch ! ,if you want to come up to speed on the deal in some detail.

Well at least the Q & A from the analaysts and media were interesting.

Can't see the deal 'not' going ahead now that the likes of Ausbil,Perennial,Mackenzie & Cundill,and White Funds Management have jumped on board.

There are also a number of explicit exemptions which allow Stokes to keep all his shares if WesTrac misses.

For example, currency risk has been taken off the table.

Then there are the broadly defined "force majeure" exemptions.
These include 'labour disputes' and 'Acts of God' such as cyclones.Recently there have been a number of strikes in Karratha WA .And clearly many of WesTracs operations are conducted in cyclone-prone areas of northern Western Australia. So it wouldnt surprise at all if "force majeure" events might impact FY11.

Share Scheme Meetings (Unrelated Seven Shareholder Class Meeting) to be held at The Grand Ballroom, The Westin Sydney, No.1 Martin Place, Sydney NSW 2000 @ 10am on Tuesday, 20 April 2010 then followed up by a meeting for the TELY holders @ 11.30

Scheduled finished time 1.30pm approximate.