Subject:
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More on Coles Myer discount card
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Newsgroups:
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lugnet.loc.au
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Date:
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Wed, 28 Mar 2001 03:02:11 GMT
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Viewed:
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259 times
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Hi all
Just some more info - my friend who has such a card just received his new
one (they get replaced every 6 months). It contains (in part) the following:
"On 12 October 2000 the Company announced a review of the shareholder
discount program to ensure its long term sustainability, and to safeguard
the program for existing shareholders. During the review new shareholdings
are not eligible for shareholder discount benefits.
The review is progressing well and we are confident that later this year we
will be able to relaunch the shareholder discount program in a form that
will be sustainable in the long term and in the best interests of all
shareholders."
This doesn't really say much, but my guess is they're gonna be
re-introduced, with reduced discounts. No indication of exactly when, or how
many shares you'll need etc.
Just thought you might be interested.
ROSCO
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Message has 2 Replies:
 | | Re: More on Coles Myer discount card
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| (...) we (...) More say-nothing-in-lots-of-words by Coles Myer :-) (...) how (...) It was widely speculated late last year that the number of shares required for a discount card would significantly increase. Some said double (i.e. 1000 shares), (...) (23 years ago, 28-Mar-01, to lugnet.loc.au)
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