why the government/taxpayer should support oz, page-5

Interesting post Grahod except you assume the market isn't flawed or irrational (which it is). Intervention is a necessary evil in free markets, whatever form it takes. Whether it's Govt's propping up their own currencies (such as the RBA) for example or whether it's shareholders calling EGM's to try and oust crap management.

In OZL case, we have an important local resource company subject to outright foreign ownership.