Stokes buys a controlling interest in WA news borrowing the money...
Interestingly just after he buys a dividend is given this dividend is increASED from past payments...
This dividend is enough to pay for Stokes interest payments on his loan which paid for his share purchase...
Absolute cost of his share holding was a zero including the bonus of a TAX DEDUCTION as all was negative geared...
Smart use of other peoples money BUT is this fact that he knew in advance the dividend and the profit details etc was this insider knowledge used to his advantage ??????????
WAN Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
