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  1. #1
    Guru
    Join Date
    Feb 2005
    Location
    Auckland
    Posts
    3,115

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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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  2. #2
    Senior Member
    Join Date
    May 2005
    Location
    anzac
    Posts
    1,127

    Arrow 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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