TREVOR BURRIDGE wrote: > I mooted this to some subscribers to this list a few weeks ago and > wonder if the "Privatisation" of BW could not be a good thing if it > were handled and presented in a similar way to the Severn Valley > Railway Company.as an enthusiasts PLC. I know the SVR has been > regenerated several times over already. > > Granted we are talking huge scale and a "proper" PLC should be the > outcome. But adequately endowed with money generating schemes and (as > far as possible) the ownership confined to (not legal I suspect) or > just concentrated on the (I hate this word) "Stakeholders" why it > should not be a success. Maybe an agreed and diminishing contribution > from central government to enable planners to manage the reducing > grant income in transition to other money making schemes. > > A chance for all Boaters and Canal enthusiasts to put their hard > earned cash where their mouth is and to buy shares in the new Company > when listed for subscription if not to gain a serious campaigning > interest. > > If the only dividend we could expect would be the autonomy of the > Waterways from the Government would this not be a "real" return on > our money. > > No more multiple organisations campaigning for the waterways. IWA, > Nabo, WRG et al but a company owned by its users and enthusiasts.. > > Shoot me down > > Trevor. > > > > [Non-text portions of this message have been removed]
No doubt it would be just like the privitisation of the SVR, you bought a certain amount of shares and got free travel...oh... and then later your free travel allowance was cut down to 25% of what was initially allocated...I am not likely to get fooled again. -- Neil Arlidge - Life member of SVRA and shareholder in SVR (PLC) Read about the start of our Irish travels at: http://www.tuesdaynightclub.co.uk/Tour_07/April_07/index.html Visit this site and help save our waterways from the DEFRA cuts http://www.saveourwaterways.org.uk/
