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Monday, October 01, 2007
$80m gesture brings charity a new windfall - National - smh.com.au
$80m gesture brings charity a new windfall - National - smh.com.au: "A CHILDREN'S charity made $5 million last week after the price of shares donated to it by a billionaire soared on the Australian stockmarket. Mining entrepreneur Andrew Forrest donated about $80 million worth of shares and options to the Australian Children's Trust 10 days ago. When the stockmarket closed on Friday the price of the shares alone had leapt $5 each - a paper profit of $5 million."
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