Perhaps you could explain why this would be a 'bad deal' for Australia?
A 40% premium to the SP prior to the offer seems to me to be a pretty good deal for shareholders.
What 'power' do you imagine we might surrender to Singapore if we allowed this transaction to proceed? You do understand that the exchange would continue to operate under whatever regulations the Australian government sees fit to impose, don't you?
Mate, this is the 21st century - the era of globalization - wake up.
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