- Joined
- 3 July 2009
- Posts
- 27,647
- Reactions
- 24,545
I suppose we'll wait for another LNP Govt to see the cookie jar is full of a tasty asset to sell off. Bet they'll add the lovely vertical integration of a Telstra and let them go full retail
Howard needs to be SHOT for selling off Telstra the way he did. Retail should have been sold, whith network / wholesale kept in public hands, or sold off as a separate entity. I would argue the way things stand that consumers and business especially, have been right royal shafted that the sale price has been lost in higher charges.
Sydboy don't get too out of shape, Labor sold off plenty as well.
I bought into the first sale of Telstra and the opposition (Labor) said it was sold too cheap. So the next tranche was sold at $7.40, I'm still waiting for it to hit that again.
Labor sold CBA at $5 first issue, $10 second tranche, I fail to see your reasoning.
Should Howard have split Telstra up and recieved less, or was Keating remiss in selling CBA cheap?
Maybe someone made a fortune out of shares?