CAG 0.00% 14.0¢ cape range ltd

51% indigenisation law and govt , page-4

  1. 765 Posts.
    INDIGENISATION!!!!!!!!!!!!! Come on guys, ZIM govt does not have the money for that 51% ownership. This has been debated for long but practically its not possible. This is just another scare tactic for the big BOY to make some under the table money. Think about how much it would cost to buy 51% of RIOZIM and other big players over there?

    Resource sector is the main player for the Govt to make money on in ZIM. They cannot afford to manipulate which can further destabilise an already ruined economy.

    We are so close to the target, I am holding CAZ and even bought more this morning. I don't believe in these spontaneous negative reports. YES there are risks in investing in companies dealing with such Govt's but the upside is also high. If that was the case, why would RIO and the likes be still there?
 
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