A40 0.00% 8.2¢ alita resources limited

Saving Alita & Our Investments, page-63

  1. 983 Posts.
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    just got a standard response from my letter to FIRB regarding A40 share transfer:

    Dear Anthony and Judith, Thank you for your correspondence below. Any proposed foreign acquisition will be assessed under Australia’s foreign investment review framework. This framework strikes a balance between ensuring that Australia remains an attractive investment destination and maintaining the community’s confidence in foreign investment. Australia welcomes foreign investment. It is important for economic growth and job creation, and it contributes to the prosperity of businesses, communities and the overall economy. Without foreign investment, economic output, employment and income would all be lower. At the same time, the Government recognises that foreign investments must be in the national interest. If it is determined that a proposal is contrary to the national interest, it will not be approved or conditions will be applied to safeguard the national interest. Thank you for bringing your concerns to our attention.
 
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