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Re: [sharechat] Frucor


From: "dsproul" <dsproul@corsairmarine.com>
Date: Tue, 23 Apr 2002 14:59:38 +1200


 
 
As a former Frucor shareholder, I used to buy Just Juice , H2Go, Pepsi instead of Coke, etc. even if it meant paying a few cents more.
 
In a silent protest, since the takeover, I have  consciously avoided buying any Frucor product. 
 
Sour grapes I guess, and I suppose it won't even put a blimp on their profit statement radar even if all the other disgruntled former shareholders did likewise.
 
And I hope I am not jeopardising any Kiwi jobs with this no-buy protest.
 
What is the lesson? If you float a company on to the NZ exchange, retain 51% of the shares under your control?
 
Dave
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