Labour and consistency. Never the twain shall meet

via mediaspanonline.com
Katie Bradford-Crozier writes at ZB
International interest in the Mighty River Power float was high, so 13.5 per cent of the company will now be owned by overseas investors.
The Finance Minister revealed details of the share allocation and pricing of the energy company last night.
113,000 Kiwis have bought shares, at $2.50 a pop.
Bill English says offshore institutions have been allocated $472 million worth of shares – but those were limited to ensure 86.5 per cent of the company was kept in New Zealand hands.
No wonder the share price hasn’t crashed to the $2.00 – $2.20 level that the Green Taliban and Labour were crowing about. There is genuine interest in the Mighty River Power float.









Ok, so don’t sell the assets because we need to keep our assets NZ owned. Got it.