CML 0.00% 2.0¢ chase mining corporation limited

cml may counter bid for foodland

  1. 6,667 Posts.
    Amid under-geared balance sheet, Coles Myer (CML.AU) CFO Fraser
    MacKenzie signals more capital management may be on way; he tells media briefing that
    recently-completed share buyback programs are not just 1-off exercise. Adds CML
    "will continue to review capital management initiatives." Earlier on call, CEO
    John Fletcher refused to speculate on acquisition opportunities such as potential
    counter-bid for Foodland's (FOA.AU) NZ business
 
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Currently unlisted public company.

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