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C Share Investor 2007
More than twice as many protesters than the November 17 march, this level of interest indicates public opposition to the Electoral Finance Bill runs very high in all sectors of our community.
This fascist, communist type bill may be passed as soon as next week and it means from January 1, Blogs like this one wont be able to criticise the government or influence others to vote alternatively.
As this Blog has its servers outside of New Zealand it maybe hard for authorities to shut me or others down though!! I wont stop the backchat either way, its my bloody right.
NZ Herald Report: Auckland EFB protest lures 5000
Several thousand people have marched in Auckland this afternoon in protest at the government's Electoral Finance Bill.
Police estimates put the crowd at close on 5,000.
The first Auckland march against the bill, a fortnight ago, drew about 2,000.
Marchers then stayed in QEII Square listening to speeches telling them the bill threatens democracy in New Zealand. Organisers are delighted with the turnout, saying it indicates people are realising what the bill will mean for them when it becomes law.
Among the marchers were ACT leader Rodney Hide and high profile opponent of the bill Christine Rankin.
Marches were also held last month in Wellington and Christchurch.
Newstalk ZB & Political Animal 2007
Just a reminder that the 2nd Auckland Electoral Finance Bill protest is on today, 1 Dec 2007. Assemble at Aotea Square at 2.00pm, when the protest will kick off at 2.30pm, march up Queen St down to Britomart where John Boscowen and others will be giving speeches.
I wont be there because I'm sick with the flu but I will be there in spirit.
Beat these fascist dictators, Helen Clark and the Sisterhood, Winston Peters' and his fellow lapdogs, the Greens and their nasty grasp for power and all the other power hungry persons who want to take your democratic rights away.
C Political Animal 2007
The decision by the High Court to grant a positive decision to the appellant's Woolworths Australia [WOW.ASX] Foodstuffs and itself will make the coming months for the company very interesting.
The High Court decision to allow Foodstuffs and Woolworths to make bids for The Warehouse Group [WHS.NZX] means it is just the beginning of a long process of a bidding war, possible legal wrangles by the Commerce Commission should they wish to appeal the High Court decision in the Appeal Court and difficulties for either Foodstuffs or Woollies to get the required 90% stake for a takeover.
Both Foodstuffs and Woollies own 10% of shares each and they require at least 90% of shareholder approval to make a takeover successful so both companies could block their rival bids. Considering founder Stephen Tindall has a 51% majority, it is definitely up to him and his family interests to sell or not should bids be made.
It is possible that the difficulties of gaining a 90% approval could be got around by organising a complicated "takeover" structure in the guise of a "merger", as was done when Transpacific Waste effectively took over Waste Management in 2005. Only 75% shareholder approval is needed in this scenario.
At today's AGM shareholders were told that the company had strong cashflow and he dropped hints at a capital return to shareholders.
"In the absence of any major acquisition opportunity, the company will consider undertaking further capital management initiatives in the 2008 calendar year," Chairman Keith Smith
