CUP 2.27% 67.5¢ count limited

CBA, page-2

  1. 4,001 Posts.
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    CBA's interest seems to be held through its fully-owned subsidiary Count Financial. Countplus, once itself a subsidiary of CF, was launched as a public company before the takeover of CF by CBA. As at the last CUP financial report CF's interest in CUP was 37.1%, enough to deter any predator. Founder Barry Lambert also holds a fair chunk. There is overlap and business-dealing between the two Count companies. If CBA has any sense it would see that it is to its advantage to allow the independent entrepreneurial drive of CUP to continue to yield them secure profits, and a little growth. No great fireworks can expected from CUP, probably, but it is a steady high-yielder - yielding more than CBA.
 
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