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Symond defends CBA's Aussie stake...

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Australian Broker | 10 Feb 2011, 05:40 AM Agree 0
Aussie John Symond has defended the sale of a 33% stake in Aussie to CBA, saying it was the right time for the group to grow
  • spinner | 10 Feb 2011, 10:35 PM Agree 0
    If you "snapped" up Wizard why are is their variable rate 8%-9%??.

    I think you sold out to CBA before this time. You can scream and spit and rant, but at 33% ownership your in the kennel. Interesting to see Mark Bouris's recent claims.

    Why not buy back the 33% share now the shadows are gone??
  • Tony Stevens | 11 Feb 2011, 10:10 AM Agree 0
    I thought the merger was forced on Aussie because they couldn't get funding. CBA offered the funding on the terms of a 30% stake in Aussie. Nice to see Aussie enjoying the same treatment as they have dished out to their previous consultants. smile, take it and say thank you CBA.
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