Originally Posted by
Ladloy
Can confirm it's a separate operation.
I imagine that it would be very remiss, even a ‘corporate crime’ to have the two operations exposed to each other so I had assumed they were siloed. But since PAG is investing in the jets but converting their investment into general Rex shares, if the jets fall over and PAG takes a 42% (?) interest, diluting the shares in the process, how does this stand with the business and the Aussie shareholders......I guess they don’t get a say in the matter as the company is majority foreign owned.