CTX 0.16% $25.21 caltex australia limited

the big move is to hybrid cars! Ford in the US is totally...

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  1. 5,760 Posts.
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    the big move is to hybrid cars!
    Ford in the US is totally ceasing manufacturing of standard cars as it is going to embrace the new kid on the block!
    other manufacturers will follow suit.

    basically, all it means is that CTX and VEA are going to plummet in SP. that's why CTX made one last desperate attempt to try and curtail this 'storm' on the horizon by announcing that the divvy will be much higher and excess capital will be returned to shareholders, probably off market if my reckoning is correct.

    cheers crazypunter
 
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