medhead
Suspended
- Joined
- Feb 13, 2008
- Posts
- 19,074
I never claimed they are infallible. Simply pointing that it is wrong to characterise them as a committee. But I do think the consultants are better placed to make a judgement than commentators. And I have plenty of ipo purchases that have exceeded the independant reports expectations.drron said:But the newspapers are reporting what is in the independent assessment that is that the government will be able to sell it off.I have at least read the summary released by the consultants.
Now have you bought shares in an IPO.All have an independent assessment and i have certainly seen a few with KPMG.Quite frequently that assessment is nothing like what happens.I am glad you feel large organisations such as KPMG are infallible-funny none of them saw the GFC coming.