Thursday, May 9, 2013

Mighty River Power share float a load of unadulterated nonsense...

English: Steam-Water separator at 100MW Mighty...
English: Steam-Water separator at 100MW Mighty River power station at Kawerau, New Zealand. (Photo credit: Wikipedia)
English: A Mighty River Power cogeneration pla...
English: A Mighty River Power cogeneration plant in the Southdown industrial suburb of Auckland City, New Zealand. (Photo credit: Wikipedia)

The Mighty River Power share float is just a load of unadulterated nonsense. Why would you pay to buy shares in a public company you already part-own as a tax payer and New Zealand citizen? It will most likely be re-nationalised in some form or another by the new left of centre Labour/ Greens government after the 2014 general elections in late 2014. Shareholders need their heads read...

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Wednesday, May 8, 2013

Greens label Key the great con-artist.. $100 million wasted on promoting Mighty River Power...




Green's co-leader Russell Norman accused John Key of being the big con-artist. National wasted $100 million dollars on promoting Mighty River Power. Only one in four actually invested in it.

http://www.newstalkzb.co.nz/auckland/news/nbpol/1108531995-greens-label-key-a-con-artist