I feel most aggrieved that having purchased Auckland Airport Shares during Helen Clarke's prime minister-ship, us shareholders have now been forced to sell back a percentage of their shares to Auckland Airport.
Clearly the powers-that-be have been advised of the upcoming increase in share value.
This rose by $1 per share in one week and converts to a loss to investors amounting to millions of dollars.
We feel helpless in the face of pressure placed upon us by the appropriate authority.
You buy them with one hand - and at will they take a percentage from you with the other, without a by-your-leave and to their distinct advantage.
This is a classic.
Have they never heard of the saying ‘Hobson's choice?'
This definitely does not assist the pension funds or their objective.
Kiwi pensioners depend on this kind of investment, which is encouraged by the Government.
Let me remind you of the words of that great iron lady Baroness Margaret Thatcher, who advocated that the people should become: 'a nation of shareholders”. I would like to invite other victims to share their views on these ‘Big Brother' tactics.
N Jones, Papamoa.


0 comments
Leave a Comment
You must be logged in to make a comment.