Quote Originally Posted by iceman View Post
Haha. I had shares in both after the demerger way back then and happily accepted Haier's offer for Appliances a bit later. I think it is fair to say most holders did not appreciate fully what we had with FPH. So yes you are right, it was as successful one. But quite different to the other one we are thinking of :-)
Pre demerger the market was valuing Healthcare at hardly anything much to the frustration of the Board / investors ...set free Health was a star ...and Appliances just plodded on as usual.

If Heartland think Motor is worth heaps more than bank multiples a demerger makes sense


When demerged many hocked off their Healthcare shares pretty quickly ...I remember picking up a bundle and couldn’t believe it when the share price doubled in a few weeks when the market woke up to what a standalone Healthcare was all about.