rinehart, page-10

Gina Rinehart has sold $50M worth of Fairfax shares. Money may be directed to Ten now as it is trading at 47 cents. Rinehart could easy lift her stake in Ten and may even participate in management buyout. It not looking good for retail investors at 47 cents, if takeover is around 70 cents that 67% above closing price. Easy money will be made from ten, take it private for few years then sell out at around $1.50 and sell turn around story.

Let see how this play out.