Oh god, another Naif numpty. There is a thread where I have gone through debunking this view that NAÏF is sfg’s major finance partner - it cannot possibly be.. but by all means give me a list of companies you think that is true for, so I can short them.
now, to your central claim that the wrong party won the election for PSD - ask yourself this - and please don’t post the answer - how did you vote? And who did you want to win the election? is it possible that maybe that’s colouring your objective view of the project’s political environment?
how was Labor’s policies increasing corporate taxes, their policies on tightening lending criteria and cutting off foreign capital flows into Australia going to help this project?
It’s reasonable to think this government’s policies aren’t optimal for the populace. It’s also reasonable to think Labor’s economic policies weren’t optimal for the populace. It is not reasonable to let that opinion cloud your view of investing.
you either believe in PSD with the facts on the table, or you don’t. If you don’t, sell. If you do, hold if you think the price is too high and buy if you think the price is a bargain.
Good luck.
SFG Price at posting:
8.7¢ Sentiment: Hold Disclosure: Held
