Business

Apr 3, 2009

Allco name change should be worth a few cents on the share price

The real story today from today's stock exchange announcement from Allco Equity Partners is that its name is mud, hence the proposal to change it, writes Glenn Dyer.

The money is important, especially the 65 cents a share capital return, but the real story from today's announcement from Allco Equity Partners (AEP) is that the Allco name is mud, hence the proposal to change it.

Of course, founder David Coe and his partner, Michelle Coe and the myriad other shareholders won't mind the name change, just as long as the money makes its way into their needy little hands.

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