the aio saga

  1. 24,850 Posts.
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    Ever since the gory saga of the Patrick takeover the story of AIO gets more unbelievable by the minute.
    First you had the SPLIT ............TOLL &AIO to accommodate Little and Ro and ACCC.
    Then the Brambles bid. What massive wealth destruction.
    Then the rejection of the Private Equity bid.

    And the SP slide ....................

    And now the ultimate rubbing of the shareholders noses in the dirrt by the latest Ro...UBS deal to dummp shares ...........

    The whole AIO recapitalisation saga is a wonderful summary of what is wrong with our ASX-ASIC surveillance....

    And you think China is corrupt
 
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