Since I didn’t receive any entry mentioning a wine label of sufficient lack of correctness, I will keep my powder dry and keep my bottle of Chateau Yarrinya Beaujolais for another time. This issue’s quiz concerns the news story of the moment – the creation of the world’s largest wine company. BRL Hardy’s chief executive, Stephen Millar, has every reason to be proud of himself, since just about an exact decade after taking his business public, he’s achieved a selling price of $10.50 per unit. So here’s a question for the accountants out there. When did BRL Hardy float, at what price did it float at, and what is the compound annual return on one share purchased at time of floating, assuming a sale this month at $10.50? First past the post with a correct answer will collect a mature bottle of Eileen Hardy wine, straight from my cellar. Post your answer to Reply Paid 342, OnWine Quiz #24, Jeremy Oliver’s OnWine Report, 565 Burwood Rd, Hawthorn, Victoria, 3122, Australia.
