IMHO, The Australian Government with their Future Fund, should invest money in our mining companies, not the Chinese.
They would own part of the Company and share with the future benefits that they will realise. We would still command part of the prices if we did. Otherwise we would be at the mercy of the chinese and foreign investors.
On the other hand, we would create employment, thus getting the ball rolling with the economy.
They find funds to give to the Banks, (they are the ones that created this mess), but they haven't got any funds for our mining companies who have suffered from the results of their incompetent actions, leaving them at the mercy of everyone else.
Go figure, I can't.
Buddy
fortescue capital hopes hit snag, page-16
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Last
$19.55 |
Change
0.050(0.26%) |
Mkt cap ! $60.19B | |||
| Open | High | Low | Value | Volume |
| $19.98 | $20.30 | $19.51 | $184.3M | 9.305M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 2568 | $19.51 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $19.56 | 44282 | 3 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| FMG (ASX) Chart |