Count will have their own platform and continue to receive volume rebates legally. Many independent fp will go down the same path. Costs around 130k to set one up. Count have no choice but form their own platform because 65% of their total revenue come from volume rebates. good old Bill shorten doesn't have an issue with this.
CEO Andrew gales background is acquisitions..Barry getting on with age so its a strategic move. Colonial have no doubt made an offer to count but not prepared to pay at current share price. Fair price 70-80c
Londons calling...
COU Price at posting:
$1.09 Sentiment: Sell Disclosure: Not Held