MHL 0.00% 0.3¢ monitor energy limited

maybe getting closer sentry ann on qld, page-9

  1. 11,122 Posts.
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    tcisboss

    Sentry/medina seems to be just another front for Chinese to buy up assets in other countries. The Chinese want to buy as many assets in Australia becuase we are just too dumb to make the most of them. We are just in the early stage of moving from a US dependency to a Chinese dependency, paid in part from profits they gain from our own resources. Instead of us getting the long term benefits, we just get some short term gains. The Chinese will just use western companies as a front, if they have to but will control those company.

    The agreement with Sentry is very poor. MHL would have got a far superior deal with a real oiler. We may get something, but it will be the crumbs (relatively speaking) while MHL's management does side deals for its one benfit.

    loki
 
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