Actually, I am not talking about shares being given to individuals; that would violate foreign bribery laws.
I am talking about the government as a whole being issued shares in return for supplying investing dollars as long as the TOL is delayed.
The dynamics of that is the share price appreciation would directly benefit the Malaysian people, and it would actually give Najib and Malaysians a sense of pride in ownership that part of their tax revenues came from part ownership in a new world class industry that they have helped startup, with Malaysian employees, Malaysian funding, and Malaysian environmental regulatory oversight.
SMSL would have nothing to complain about unless money changes hands into individual pockets rather than government bank accounts.
China has partial state ownership of many industries, and it certainly helps make the government play on the same team as the individual companies they are part owners of.
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Last
$6.41 |
Change
0.040(0.63%) |
Mkt cap ! $5.991B |
Open | High | Low | Value | Volume |
$6.45 | $6.49 | $6.40 | $13.34M | 2.079M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 13384 | $6.41 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$6.42 | 13471 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 13384 | 6.410 |
2 | 12123 | 6.400 |
4 | 37833 | 6.390 |
5 | 22824 | 6.380 |
6 | 10221 | 6.370 |
Price($) | Vol. | No. |
---|---|---|
6.430 | 7812 | 1 |
6.450 | 500 | 1 |
6.460 | 14808 | 3 |
6.470 | 14342 | 2 |
6.480 | 11442 | 2 |
Last trade - 16.10pm 09/07/2024 (20 minute delay) ? |
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LYC (ASX) Chart |