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 It is time to stop the rot at Telstra 

It is time to stop the rot at Telstra

15 Mar, 2010 01:00 AM
APPROXIMATELY 10 years ago, mums and dads were encouraged to invest in Telstra shares.

The so-called experts said it was a great long-term investment. How wrong they all were and how quiet they are now.

Some mums and dads paid $7.30 a share for Telstra 2, now they are $2.92.

The Government received top dollars for its shares and told us how much better it would be for Telstra when the Government shackles were removed. Wrong again.

They have driven Telstra shares down to the lowest price ever because of all the red tape and threatening talk to break Telstra up.

Well fellow shareholders, we cannot allow this to happen.

We never invested our hard-earned money into a broken up Telstra, and as the Government carries on destroying our company, the shares could drop even more.

I think we should be compensated for the huge losses that have been imposed on us shareholders.

It’s time shareholders had some rights and say. Without the shareholders what have they got?

— WILLIAM DEATHRIDGE,

Wodonga

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