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G3/Farmer's Equity Trust

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    #21
    I suspect their weren't many assets.
    Other crown business sales sold shares to the public for cash.
    Behind the logo there wasn't a viable proposal to sell. Ritchie's was politically out of the question.
    It was likely the only way to move it.
    Give the brand and few hard assets to the only company that agreed to fly the logo for 7 years.
    I always said the emperor never had any clothes.

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      #22
      Originally posted by blackpowder View Post
      I suspect their weren't many assets.
      Other crown business sales sold shares to the public for cash.
      Behind the logo there wasn't a viable proposal to sell. Ritchie's was politically out of the question.
      It was likely the only way to move it.
      Give the brand and few hard assets to the only company that agreed to fly the logo for 7 years.
      I always said the emperor never had any clothes.
      Never was supposed to have hard assets.

      Even office space is debatable.

      The money was a pool of farmers current accounts?
      Last edited by shtferbrains; Dec 12, 2021, 14:44.

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        #23
        That contingency fund was ours thats for gd sure. Thanks yerry

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          #24
          Originally posted by katoe View Post
          That contingency fund was ours thats for gd sure. Thanks yerry
          Kinda like crop insurance profits?

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