Shamardal Colt Shines in Australia
by Ric Chapman
Date Posted: 4/24/2008 11:14:07 AM
Last Updated: 4/25/2008 9:36:26 AM

In spite of the pouring rain that just would not stop, business on the brand new “Day 4” of the William Inglis & Son Easter yearling sale in Australia  was better than most expected, with an average price of  Aust$83,134 and a gross of  Aust$9,643,000 for the 116 horses sold.

 
A Shamardal colt out of the Salt Lakemare Salty was the most expensive horse Thursday, selling to Hong Kong clients for Aus$275,000 (approximately $265,000 in U.S funds) after being knocked down to Inglis, as agent.

“That was way beyond our expectations,” Inglis bloodstock director Jonathan D’Arcy said. “It proves that you can sell quality yearlings after the main sale and still be well rewarded. He was a lovely colt and there were plenty of good judges trying to buy him. It is certainly something we will look to build on and this should give vendors the confidence to support this sale in the future.”

Anthony Cummings was the leading buyer of the session, securing 17 yearlings for Aust$2.012 million, and he was thrilled with the horses he purchased.

“Obviously it was a pretty hot sale in the first three sessions, but there’s been some great value on offer on horses with lovely pedigrees during this session,” Cummings said.

Most of his purchases were for Patinack Farm’s Nathan Tinkler.

“Nathan’s trying to build a business and with some of the pedigrees available in this session it’s been a good opportunity to build on that,” Cummings said.



Copyright © 2014 The Blood-Horse, Inc. All Rights Reserved.

SUBSCRIBE to The Blood-Horse magazine TODAY!