http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11909463

"Seymour's attack came after NZ First MP Richard Prosser earlier advised the audience to sell shares in Contact Energy if they had them.

Prosser was part of a political panel at the Business NZ conference at Te Papa,
and said his party would bring electricity assets back to a simple state-owned,
state-controlled umbrella.

"That means if you have shares in Contact [Energy] - get rid of them now."

A representative from Mercury Energy asked Prosser after the session how he proposed to fund such a buy-back of electricity companies, given it would cost at least $11 billion.

Prosser said that would be done over time, but NZ First's stance was the institutions would be purchased back at the price they were sold for."

Incredible. And to think some 10% of us say they want to elect these idiots.

Is Prosser the tosser a registered financial adviser?

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On Wednesday, August 23, 2017 at 4:08:40 PM UTC+12, JohnO wrote:

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11909463

"Seymour's attack came after NZ First MP Richard Prosser earlier advised the

audience to sell shares in Contact Energy if they had them.

Prosser was part of a political panel at the Business NZ conference at Te

Papa, and said his party would bring electricity assets back to a simple state-owned, state-controlled umbrella.

"That means if you have shares in Contact [Energy] - get rid of them now."

A representative from Mercury Energy asked Prosser after the session how he

proposed to fund such a buy-back of electricity companies, given it would cost at least $11 billion.

Easy. All NZ First has to do is to force a strangely arthritic IRD - at the point of a gun if necessary - to retrieve the reported $11 billion tax shortfall that New Zealand's tax-dodging industry has been stiffing every taxpayer for.

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)

On Wednesday, 23 August 2017 16:51:55 UTC+12, jmschri...@gmail.com wrote:

On Wednesday, August 23, 2017 at 4:08:40 PM UTC+12, JohnO wrote:

http://www.nzherald.co.nz/nz/news/article.cfm?c_id=1&objectid=11909463

"Seymour's attack came after NZ First MP Richard Prosser earlier advised

the audience to sell shares in Contact Energy if they had them.

Prosser was part of a political panel at the Business NZ conference at Te

Papa, and said his party would bring electricity assets back to a simple state-owned, state-controlled umbrella.

"That means if you have shares in Contact [Energy] - get rid of them now."

A representative from Mercury Energy asked Prosser after the session how he

proposed to fund such a buy-back of electricity companies, given it would cost at least $11 billion.

Easy. All NZ First has to do is to force a strangely arthritic IRD - at the

point of a gun if necessary - to retrieve the reported $11 billion tax shortfall that New Zealand's tax-dodging industry has been stiffing every taxpayer for.

If it were that easy then there are better things to do with $11b than buying back a perfectly good business into state ownership where it would simply degenerate again.

--- SoupGate-Win32 v1.05
* Origin: Agency HUB, Dunedin - New Zealand | Fido<>Usenet Gateway (3:770/3)