Quote Originally Posted by macduffy View Post
Precisely, Beagle. It hurts to advocate losing another company from our skinny NZX but really, NZR would be doing minority shareholders a favour by encouraging oil companies, including the newer, smaller ones to buy those minority shareholders out.
Just a thought.... could minority shareholders pool their stock and act as an agent for a competitor fuel company in the same way the oil company shareholder do? maybe they need some competitive tension.
Be interesting to see what processing fee could be negotiated on whether the 70/30 GRM split would hold etc