denver,One thing we don’t know did Mick Stroud sell his 50% of...

denver,

One thing we don’t know did Mick Stroud sell his 50% of the winery? If he did he would receive $7,750,000.

WAL currently has a Market cap of $8.3Mil Mick Stroud holds 31% with bit of creative thinking a management buyout would be possible.

But Mick is gambling in the Indonesian Gold exploration with the last announcement was giving a positive view.

Please find below a link to the Foreign Investment Approval guidelines website.

This suggests to me the purchase is at least over $5.0 Mil.

http://www.firb.gov.au/content/real_estate/real_estate.asp.
http://www.firb.gov.au/content/monetary_thresholds/monetary_thresholds.asp


Interesting.