KB-what was the return 2016 for their super fund?
OK, let's say they can get 11.5 billion if they sell, but lose an asset that reaps huge management costs, so what do they do with the money anyway?
sure, that could save them from a divvy cut, but the real problem is future earnings. Mobile revenue per user is tanking , the ACCC is stalking and you then have the audacity to borrow money at 5.4%, as you believe implicitly in your own gospel.
ps- can i be so bold as to ask what collateral you offered to get the loan in the first place?
and if you say it was your house, then my condolences.
cheers crazypunter![]()
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