seven-westrac mergerkwhat a great deal!, page-5

As part of the deal WestTrac which owns 66.2% of National Hire (ASX code:NHR) has kindly agreed to sell this stake to SEV shareholders for $246million ($2.50/share). What? No thanks I say. Any shareholder interested in owning NHR can go on market and buy it at prices as low as $1.50/share! A 40% discount. For the record, NHR, since listing in 1997 except for a couple of brief periods one at the height of the market in Nov 07 has never traded above $2.50.


Whats NHR ?

Luv yr work HIH.

:-)