A40 0.00% 8.2¢ alita resources limited

FIRB blocking foreign bids

  1. 2,774 Posts.
    lightbulb Created with Sketch. 2512
    First of all really feeling for holders here. No closure and it’s a disgrace the way the company was dealt with.

    There is a senate enquire about to begin into foreign investment in aus. A40 May well come up and discussions point based on my discussions with vested parties.

    basically milk just got blocked. The company was JApanese owned, not even aussie. The take over being Chinese was enough....

    no chance will China get A40. All the best.


    https://apple.news/AKwgD7IUuQvCLQd8t36WH7g


 
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Currently unlisted public company.

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