He has done it 4 times previously, yes. When he first took over 7, he had I think 14 or 18%. With buybacks and the like he has increased to 44%. With the current buyback, assuming full participation his stake will be worth 55%. A remarkable effort by a man defying the odds in the media landscape that had been dominated by two whales, Rupert and Kerry Packer when he was alive.
I believe he learned alot during the battles with KP and has grown into a good operator. Bruce Win, of WIN corporation is also a very smart operator. Has built a good stake in Ten.
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