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Hi snoutMany years ago when I was working in the USA, a large...

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    Hi snout

    Many years ago when I was working in the USA, a large investor (whose surname ended in BERG), advised me to evaulate major company events using the following outcomes:

    1. Win lose lose - management

    2. Win win lose - management major investors

    3. Win win win - management, major investors, retail shareholders

    You would be surprised how infrequently Outcome 3 applies.

    R1
 
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