Here's a little ditty for some of you posters;
Jurgen loves banging on about building LT Share holder value.
Lets demonstrate this in a little exercise;
MEO SP at IPO 1997 = 27c
MEO SP 13 years later 2010 = 21.5c
13 year investment return -20.03%
lets say you invested $100,000.00 in 1997, well today you now have $80,000.
Lets say you borrowed the $100k; well cost of borrowing over this period is $125,219.
This leads me to conclude Jurgen/MEO has done very little for the LT shareholder and probably more in favour of lining their pockets through handsome remuneration packages.
ST and traders you may look away from above example.
Just my bitter 2c worth.
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Here's a little ditty for some of you posters;Jurgen loves...
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