CMR compass resources limited

ato shld investigate all procedings

  1. 7,486 Posts.
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    u might think, given the tax revenue losses coming from write-offs etc and given so many unanswered questions outstanding. A squizz over likley short selling in physical and cfds during the 'sensitive" period might also provide a clearer picture.

    I mean ATO will go to efforts for few extra bucks from individuals yet here they are facing potential losses of hundreds of millions of dollars, lost to ALL Australian citizens in way way or another, so u wld think they might be interested to ensure all was above board in coming to this result (?)

    Espesh further since ATO governs super funds and considering there were plenty of high cost CMR shares added to super funds, espesh after the ASX 300 and ASX 200 up=ratings.

    And again, no comment from the issuers of such ratings viz ASX, and associates ASIC, remains a mystery to me, as does the administrator's role in all of this.

    There would be Federal ministers governing the ATO and Super and these "regulators" one would imagine. Reckon it would be appropriate if every shareholder sent a copy of the two recent media articles to the Ministers concerned, demanding to know why effectively 97.5% of NT resource is about to leave Ozzie ownership without Ozzie owners, ordinary shareholders, ever being given a chance to support their company out of harms way.

    Public opinion changes laws. And ATO loves to look retrospectively. A decade ago, governments could be replaced over such issues. These days, she'll be right mate. Reckon the Federal pposition could have a ball with this. They just need heaps of ammo-mail demanding the please explain.

    We ALL want to know what happened, when, how and why. Thats the very least owing to us for having our life's savings redirected to others' hands in a sequence of events forced upon us and completely out of our control.

    IMBOOC and without prejudice.
 
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