"The market is irrelevant.
It has added nothing. Its zero-sum.
All the value was generated by CBA.
It would have done the same if it was a private company and run the same way.
This is a very simple concept".
Just when I was starting to like you Clarkyboy!! Then you spout off dribble like this!!
The market is extremely relevant!! Especially when dealing with varies markets - there are more than one, Clarkyboy!
If you believe that a private company trades at the same values as a list company - you are in another world boy!
Private equity groups transfer companies to different "markets" to capture this wealth effect! What planet are you on??? Youranus???
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