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Re: [sharechat] AKL Council to sell AIA stake


From: "DR" <kat47@bigfoot.com>
Date: Wed, 20 Mar 2002 15:33:11 +1200


I could never understand why these red necks who tend to be in council power positions find owning shares an anathema.
In the case if infrastructure based companies, it is an even bigger mystery.
 
I have commented before that once A.C.C. has sold AIA shares (to get rid of borrowings?) all it will do longer term, is to spend, spend and spend until it has to go out and borrow again.
 
They are twerps of the highest order and it is clowns like us (correction- some of us) who put them there.
D.

 
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