Forum Archive Index - April 2002

Please note usage of the Forum is subject to the Terms & Conditions.

Messages by Date [	Next by Date	Previous by Date ]
Messages by Thread [	Next by Thread	Previous by Thread ]
Post to the Forum [	New message	Reply to this message ]

Printable version

[sharechat] PPCS & Richmond Meats

From:	Marilyn Munroe <who.c@res.co.nz>
Date:	Sun, 28 Apr 2002 23:25:08 +1200

In the National Business Review summary posted on this site several of the 
magazines correspondents fret about the prospect of  PPCS members loosing $69 
million if ordered to forfeit their shares in Richmond.

The question before the court is. Did PPCS enter into an agreement with 
other parties to hold shares in Richmond on their behalf, to circumvent 
restrictions placed on PPCS? If the court finds the case proven, one of the 
remedies available is for the shares in question be forfeit without 
compensation.

I suggest that the magazines correspondents should adopt the same sang-froid 
attitude as is likely to be displayed by PPCS management.

They work for a farmer owned co-operative. Managers of farmer owned 
co-operatives have never been accountable to members. I predict that this 
will not change even, in the face of the current provocation.

Boop-doop-de-do Marilyn


----------------------------------------------------------------------------
To remove yourself from this list, please use the form at
http://www.sharechat.co.nz/chat/forum/

Messages by Date [	Next by Date:	Re: [sharechat] Silver Chart malcolm coleman
	Previous by Date:	[sharechat] Attn: The Examiner / Chris Castle geoff_julie ]
Messages by Thread [	Next by Thread:	[sharechat] Attn: The Examiner / Chris Castle geoff_julie
	Previous by Thread:	Re: [sharechat] Silver Chart malcolm coleman ]
Post to the Forum [	New message	Reply to this message ]