OZL oz minerals limited

why the government/taxpayer should support oz, page-6

  1. 1,930 Posts.
    The Government should try doing - "nothing" - for a change.

    Let the market sort itself out.

    If my shares in OZL are compulsorily aquired for 82.5c then that's my bad luck. I'll not sell them by choice at these current levels.

    But it's not the taxpayers problem. They have enough problems as it is, the way Mr Rudd is spending our money.

    The banks, superannuation funds and future fund et al would rather buy toxic American derivative crap than invest in wealth producing Australian mining companies.

    That's where the Government's attention should be directed I reckon. Pass laws that bar Australian companies from claiming any losses incurred investing in overseas schemes.

    That would encourage more local investment.

 
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