GD..Under performance, greed & incompetence?
Join Date: Mar 2001
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Originally Posted by DutchRoll
Leaving aside the mind-numbingly boring and largely irrelevant-to-the-argument pages of dry economic theory
It's Corporate Finance not Economics
Although you could argue some of the Jetstar vs QF stuff is Economics (if you focus on opportunity costs!)
Irrelevant though? So what techniques do you think the board / senior management use for making investment decisions?
I can't understand how you wouldn't be absolutely spitting chips if you sold your shares on the Board's (and hence GDs) advice, knowing how the bid ended up and what happened to the share price afterwards
Owen Stanley, this one is for you:
Get a grip fellas and strive to earn, the only thing holding you back are the choices you make, if you make the choice not to earn, SHUT THE F!CK UP
Last edited by Pass-A-Frozo; 13th Oct 2007 at 14:35.
Join Date: Jul 2007
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Ho Hum
The shallow end of the gene pool is getting crowded.
Pass A Dozo,Aircraft and gigs are all jockeying for space.
PAF has purchased all copies of "Corporate Finance for Dummies" and is attempting to sell them to QF management.
They are not interested..they are re-reading Animal Farm
Pass A Dozo,Aircraft and gigs are all jockeying for space.
PAF has purchased all copies of "Corporate Finance for Dummies" and is attempting to sell them to QF management.
They are not interested..they are re-reading Animal Farm
Join Date: Apr 2000
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Corporate Finance. Economics. Whatever. I know pilots who are absolute whizz-kids on aerodynamic theory, who aced ground school, who know the Ops Manual backwards, and who can't fly or operate an aeroplane or crew for sh*t. Somehow though, the plane usually manages to get successfully from A to B. While managing a Company doesn't require hand-eye coordination, "theory" and "practice" have their own different spots in the dictionary for a reason.
OK. The Board recommended that the offer be accepted. The Board said the offer was good. Others disagreed and said the offer undervalued the Company. They were accused of having "mental problems". So who ended up being right?
I don't believe the board advised anyone to sell their shares on the open market?