If this aint fantasy, WHY AREN'T WE INFORMED about these things as they happen instead of having to dig them out ourselves ???
Question : WHO is representing shareholder interests ?
Answer : NO-ONE except what WE ourselves can do. Bravo to them IDEALISTS dedicating so much time and effort.
Further Question : SHOULDN'T THE SYSTEM PROVIDE FOR THE PROTECTION OF ORDINARY SHAREHOLDERS ?
Theoretical Answer : But it does, we have the wonderful ASIC and ASX and all kindsa peripheral regulators and legal system and wonderful pollies and Future Fund etc etc
Real Answer : Pardon me if I spew
Final Question : So WHO can we TRUST ?
Answer : NO-ONE bar ourselves.
We have predators buzzing around waiting for the opportunity to pounce ... and we have NO-ONE in our wonderful system to PROTECT us and PREVENT this from happening.
Makes you wonder about this game hey ?
Actually the ATO should IMO be suing the Oz Government for failure to protects ITS future interests ? Or is that some kinda internal conflict of interest, left hand wanting to bite the right hand or like? Or does that expose the system for what it is .......USELESS to ordinary folk only interested in getting a FAIR DEAL !
The whole thing is SICKENING and getting worse. The MEDIA should be having a ball over this but with so many other similar pathetic examples around, what do u look at first ?
Predators aint really to blame. They only try to get away with what the system allows them to!
Time for a complete overhaul of REAL values. Megabear E might wash things out naturally soon anyway. Its just a matter of who owns what in the final wash cos entities will come and go but the GOODIES ARE STILL IN THE GROUND waiting to be exploited by whoever is left standing, whether its next 5 or next 50 years ! Still hoping its gonna be future Ozzies !
Reality is PRC has it all over us. Keating could see this coming. No hurry, they can wait. No pressure from anyone. Then again they are the last bastion standing of free market capitalism. Makes you wonder who is to blame for all of this.
PS Isnt it amazing shareholders have never been asked to protect their company ? Hey, why give it away at 2.5 cps to foreigners. What about offering it to US at 2.5 cps ??? BUT WHO can offer it to us ? We aint got a Board anymore and FH are representing CREDITORS, NOT us, cos thats their JOB.
Press on noble warriors.
IMBOOC and without prejudice ... (?)
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