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https://boards.fool.com/quoti-reckon-the-mums-and-dads-are-going-to-hate-16957502.aspx
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| Subject: Re: Coles Trading Halt | Date: 3/26/2002 3:02 PM | |
| Author: 211594 | Number: 3941 of 6186 | |
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"I reckon the Mums and Dads are going to hate it." The decision to halt the discount over a period of time, as announced yesterday, will be an interesting litmus test of the maturity, and style of the investors that grace the present suite of "Mums & Dads". If the only reason they buy a stock is for the discount, then better off the share registry. To think that $150m is taken clean off the bottom line every year!!, I am surprised the larger institutional investors didn't pressure CM to be rid of this stupidity earlier. Maybe Telstra should consider introducing a discount to their stockholders, might do something positive to their stock short term :-)). Cheers 211 |
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