Originally Posted by
Earthling
How do you know that Milford didn't see these things?
At a client update, a couple of Milford staff responded to a question about Wynyard. From memory, they said something like the following: that Milford were selling "throughout", that they went from holding 17% of the company to holding 6%, and at the end, 2%, that the loss when Wynyard finally succumbed was less than the gain from another company (Fletcher Building I think) on the same day, and that Milford had been working with the company to try to save it.