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Hasn't MCC said they need to maintain a over 10% holding to stop a takeover. Are they forgetting they wont exist in a year and combined with ACC, they will have a over 10% holding without further purchase.
Did they use their 'strategic holding' to voice concern over the expansion into Australia. If not, why not, and if it is because they would ahve been ignored, is it really a strategic holding.
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TROUBLE with COUNCIL SHAREHOLDERS IS :-
They have just realised they own something "GOOD" and have nearly frown it out many times they are not investors and run by public servants who have own nothing personally
in the stock market the worst of it they are borrowing the money for the rate payers to suffer WITH for a long time...
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