FML 3.23% 15.0¢ focus minerals ltd

ann: fml to raise 227.5 mill via placement, page-195

  1. 2,158 Posts.
    JS I have trouble reconciling this with commercial reality.

    "Therefore: SD will want to be rich, totally agree, but its not in their interest to do so in a way that makes you/us rich also. Us getting money will just be collateral damage to their thinking."

    Capital is global. Money is universal. They get rich with us we will be in the same boat.

    I think Paul presented the reality on this issue and that you are

    - confusing politics with business -

    ...towing the Party line etc. Always an element of this but China also do capitalism better than us and most of the world. Many private business people in China are now billionaires paying taxes to the State who are more than happy to see the commerce in operation.

    You also state: "Therefore: SD will want to be rich, totally agree, but its not in their interest to do so in a way that makes you/us rich also. Us getting money will just be collateral damage to their thinking."

    Not commercial reality, just emotive xenophobia IMO. This is not corporate understanding IMO.

    Regards,
    CW
    DYOR&DD
 
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