listen-up guys

  1. 1,312 Posts.
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    The ball game has changed.

    This is no longer about RHG mug punters interests but rather about franking credits flowing through to Cadence Capital so that they can pay their shareholders a franked dividend.

    It is so typical of all that is wrong with share investing. You get a player build a 30% stake (as Cadence has)in a company and then they call all the shots.

    What right did they have to knock back a buy-out proposal without putting it to the other 70% of shareholders? Cadence prefer drip feed dividend imputation credits over cap gains and to hell with the majority.

    Well f&&k you too Cadence - I sold out today and good riddance to RHG. I hope when the rest of you mug punters get out of the company it then loses it wharehouse facilities and goes belly up and takes Cadence with it.
 
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