GXY 0.00% $5.28 galaxy resources limited

Banter and General Comments, page-10113

  1. 4,695 Posts.
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    Fortunately we have Transfer Pricing laws that counter this type of manipulation.

    Overseas companies cannot simply set up shop in Australia, sell at a local loss to themselves, and then make a huge margin from the other side of the world.

    The ATO should step in now or soon if Australia is the primary supplier of spod, and keep sending it overseas at an accounting and cash loss.

    Another reason current spod prices are not sustainable and should rebound.
 
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