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Subject: 
Re: Shareholder Discounts
Newsgroups: 
lugnet.loc.au
Date: 
Thu, 15 Feb 2001 00:51:30 GMT
Viewed: 
375 times
  
In lugnet.loc.au, Jamie Obrien writes:
Hi, over the last few months i've noticed that alot of stores have
Employee and Shareholder discounts (Never really cared before). Does
anybody have any useful information on what discounts stores offer to
employees. And how much stock you must own before you get a discount.
Any limits apply?

No info about employee discounts, but I know a bit about Coles Myer shareholder
discounts.

You need to buy 500 shares minimum (They're over AU$6 at the moment). You get
various dicounts at the various outlets. I think Target is 7.5%, Myer is mostly
10% (Including Lego!), can't remember the rest. Note that I don't have a card -
I borrow one from a mate occasionally 8?) And also note that this discount is
*additional* to any store / sale discount (Guess where I was Tuesday arvo!).

<click> <click> <click> Here's the neato info page! Enjoy!
http://corporate.colesmyer.com.au/ms/pg318/DiscountCardInfo.html

Actually I just checked the fine print, and it seems there's some doubt as to
whether shares purchased after Oct 2000 make you eligible for a card. I'll
check into this some more...

ROSCO



Message has 2 Replies:
  Re: Shareholder Discounts
 
(...) We obviously need to set up an adoption agency. Jamie and the BUGs can be adopted by Kerry. I'm hoping to join the Bhat family as may other SLUGs/Studs. Maybe Rosco's friend will have a tribe of MUGs around the table. Rosco's last paragraph (...) (24 years ago, 15-Feb-01, to lugnet.loc.au)
  Re: Shareholder Discounts
 
Still talking about Coles/Myer (I over zealously edited Ross' post): I'm fairly sure that eligibility for the shareholder discount was temporarily suspended for all new investors sometime early last year as it was costing the company too much money! (...) (24 years ago, 15-Feb-01, to lugnet.loc.au)

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