My opinion on....Telstra 3.
The government made a lot of money by selling shares in T1 and T2. They also have a huge stockpile of cash from these sales, tax receipts and the future fund. What would I do if I was John Howard do you ask?
a) Buy back all of the shares that you have previously sold in Telstra. The idea has always been buy low, sell high. They mastered the sell high strategy with T2 so they should just buy them back at a significant discount now. Then put the prices of all services back to where they were before price regulation ruined their monopoly (as you control the ACCC anyway), reap the dividend payments for a while, then sell them again at $7.80 in a few years time.
b) trim my eyebrows
posted by Spud Mack @ 1:20 PM
2 comments
2 Comments:
Re (b): agreed. He's no Audrey Hepburn.
Hello Spud Mack,
I agree with your lateral interpretation of the T3 debate - kinda like my views on how to make soccer a better game - ban goalkeepers, or at least ban goalkeppers from picking up the ball.
And rugby - make a penalty goal worth 50 points. That way, no-one would give away penalties and there'd be lots more tries.
Wanna link?
SF
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