RFX 1.14% 8.9¢ redflow limited

Bloomberg - Big Battery Bonanza, page-12

  1. 3,372 Posts.
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    Any party that is planning to legislate so that it can forcibly remove assets from a company ought not to be trusted. This is what is happening with the current Liberal Party this week. Suggesting that it is a good idea to forcibly take assets from Energy companies. 

    This is a slippery slope. There was another right wing party once that nationised company assets back in the 1930's. It didn't end well. 


    Who knows....maybe the LNP win Govt, then decide that solar and batteries are too disruptive and take those assets as well simply so the right wing pollies can keep the coal money rolling in. 

    It might even get extended to overseas factories in the energy space owned by Australian companies such as Redflow. 

 
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