Govt accused of hiding asset sale costs

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Fri, 20 Jul 2012 5:07a.m.

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The Government is being accused of hiding the cost of partially privatising four state-owned energy companies.

The Government is being accused of hiding the cost of partially privatising four state-owned energy companies.

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27/07/2012 12:20:59 p.m.

Paul wrote:

GP. And your point is? You propose an impossible outcome. Too many astute Kiwi investors would not sell. We are not stupid. For example, as average 'Mum & Dad' investor we still own our original share holding in Contact Energy. In fact our family 'Trust' now has over 20,000 of these shares and we enjoy the returns. Same with Auckland Airport and other shares and we will do the same with any new State asset holdings that come along. It's better than money in the bank and helps supplement retirement income.

24/07/2012 8:09:25 p.m.

GP wrote:

3 years later is a pivot point, the big buyers could sweep and take over the sold 49% shares , or might sell off their majority holding shares...depending on which way they could take the most advantage from those asset sale.

24/07/2012 8:08:18 p.m.

GP wrote:

3 years later is a pivot point, the big buyers could sweep and take over the sold 49% shares , or might sell off their majority holding shares...depending on which way they could take the most advantage from those asset sell.