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- 3 July 2009
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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?