"Is it best for us to remain with ARL, or to go back to WC ????
What are the plus and minus, or are they all minuses.????
Michael / atlas 1950"
------------------------------------
Howdy Michael,
You may recall that the original premise of ASIC intervention in this
"in specie" farce was to re-join PIF Assets back under Dgenny's caring umbrella.
Tomorrow we will know whether the principle of "1 RE is enough" will be upheld.
There are precedents that ASIC is well aware of.
The minuses of 'twin REs" are obvious; duplication admin costs and other
hitherto undisclosed costs.
ASIC may in their redemptive wisdom issue orders to refund into PIF account
these costs, in the event of "One Mother of RE" judgement.
Obviously, 1 cent Chrissie payment from ARL may be suspended.
Emphasis on 'may be'.
Cheers; with these looney-tunes
--------------------------------------------
"Wouldn't it be Loverly"
All I want is 1 cent somewhere
To join 4 that's already there
I would sing and I would twirl
& get dizzy from Dgenny's spell
Aow, wouldn't it be loverly,
Loverly, loverly
--------------------------
"The hills are alive..."
The hills are alive
With the preachings of Dgenny
I’ll keep you alive
With a drop of a Penny.
While you scoff at these 4,
Just remember there are many
That got far less than you
From most generous Dgenny . “
OCV Price at posting:
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