Middleton, I agree with you, but the current batch of CEO's are a boring bunch of cost cutters. Not an entrepreneur amongst them !! I think we could have a much bigger impact for shareholders if we got rid of the ACCC. Just a quick look down the list of major Co's ;
Banks - can't expand within Oz due to ACCC and Gov't policy.
Retailers - can't see Woolies or Wesfarmers being allowed to buy anything domestic. Woolies can't even sell some petrol stations.
Telecoms - Telstra can't buy anything (remember Adams Internet joke), no doubt Optus and soon TPG will be in the same boat.
Caltex - will never be allowed by ACCC to be taken over.
The list goes on.... we are a low growth/no growth business market unless you move to miners, technology, health sectors. The big end of town is effectively just a cash cow being milked by Execs and shareholders...... imo of course.
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Last
$3.83 |
Change
-0.030(0.78%) |
Mkt cap ! $44.25B |
Open | High | Low | Value | Volume |
$3.85 | $3.87 | $3.83 | $88.85M | 23.14M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
56 | 638073 | $3.83 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.84 | 750 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
47 | 580481 | 3.830 |
38 | 409947 | 3.820 |
49 | 279063 | 3.810 |
130 | 374659 | 3.800 |
19 | 147245 | 3.790 |
Price($) | Vol. | No. |
---|---|---|
3.840 | 750 | 1 |
3.850 | 88339 | 5 |
3.860 | 448443 | 13 |
3.870 | 170985 | 26 |
3.880 | 206222 | 25 |
Last trade - 16.10pm 08/10/2024 (20 minute delay) ? |
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