Auckland/Counties merger

[Hesi]

For anyone who has not seen this

https://www.pukekohepark.co.nz/uploads/120421-crc-members-forum-presentation.pdf

[Hesi]

I can understand the principle of selling off under utilised assets to generate cash to build a business.

But the key question, will this money, that will be used to substantially increase stakes, build a Strathayr track at Ellerslie, and upgrade facilities, provide the pathway to longer term sustainability of racing, the core business