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Originally posted by Master Spock
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A takeover bid is about the only hope investors have of weazling out of this predicament. Let's face facts - as stated, IOOF will lose clients, both new and old. The dividend is the one current attraction to potential buyers, and it will fall when revenue is strangled. I would be overjoyed if a takeover bid was made, but with luck like mine, it is not going to happen. I am kind of angry at the greed and lack of moral worth of the executives responsible for this disaster. I am also angry at myself for allowing the SP to slide from positive to negative value in my portfolio long before this crash. Will IFL be the only company singled out for APRA attention? Could there be others?.
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rubish master of stock.
(20min delay)