FXJ 0.00% 66.0¢ fairfax media limited

Worth buying for the split?, page-27

  1. 468 Posts.
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    Strongly disagree. I don't know why you think Domain is not a "premium site". It has grown from strength to strength and is a real threat to realestate.com - and has done this under current management. Anthony Catalano was hot property during the recent FXJ. The spin off will lead to a separation of FXJ's direct management of DMH and Catalano will continue to lead DMH.

    FXJ retaining a controlling stake means that it more likely to keep some dividend stability. You could call it 'greedy' or you could call it acting in the best interests of its shareholders - not all of whom wish to ditch their FXJ shares after the split.
 
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