RE: RE: correction re: impression RE: Summary of v
Agreed - TELUS management has done a great job. Mason has done nothing for the company and shareholders (except cause some headaches).
To answer Mason's question - what are voting rights worth? I'd peg them at about $0.02/share. One key point missing from Mason's argument ... the voting rights aren't the only determining factor in the share price difference. The other factors are supply and demand of shares. For example, if a big US fund wants to sell millions of TELUS shares, and they only hold NV shares, they need to sell them to a limited market. That could cause depression in the NV share price.
By combining the share class they create a more transparent market and underlying market capitalization for TELUS. Since any buyout of TELUS treats NV and V the same, the trading market price will be more indiciative of the actual value of the company.
"Can I add my two bits?
I don't know about the rest of you but my wallet has gotten quite fat over the years as a result of TELUS' excellent dividend and share appreciation SO, IF TELUS MANAGEMENT BENEFITS, SO DO I AS A SHAREHOLDER. Happy Management, happy Shareholder - IMO.
I'm sure that Mason's one and only concern is to protect the voting rights of TELUS shareholders; not the fact that they will lose millions if the vote is for. SURE. Can I have a little bit of what you are smoking...?? "