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woolies sell-off

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taddie | 15:34 Wed 19th Nov 2008 | News
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what happens to woolies shareholders if the business is sold for one pound ?
And why should the person at the top get a bonus of 4.8 million for presiding over this collapse ?
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Avatar Image R1Geezer
The stores are only a part of the business. Heavily in debt, if they get shot of the mill stone the share holders should beneifit. If they where not supended they would probably rise today. I'm afraid I can't help with part 2.
16:01 Wed 19th Nov 2008
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thanks R1 Geezer. I don't think anyone can help with part 2. Same thing happened recently with the banks. people being rewarded for failure.
23:25 Wed 19th Nov 2008

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