The focus on FIRB is a total furphy.
FIRB's only concern - as far as I am aware - is to ensure that deals are not done that are contrary to Australia's national interest.
Given that SDL's assets are not in Australia - there was never anything of significance for FIRB to look at about this one.
But even if SDL's assets were in Australia & highly strategic - it is not FIRB's job to vet an acquirer to assess whether they are capable of completing the deal.
That's simply not part of their mandate. It is no concern to them whatsoever if a deal that is not contrary to the Australian national interest does not take place because the bidder couldn't get finance.
- Forums
- ASX - By Stock
- firb review
The focus on FIRB is a total furphy.FIRB's only concern - as far...
-
- There are more pages in this discussion • 18 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add SDL (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
FHE
FRONTIER ENERGY LIMITED
Adam Kiley, CEO
Adam Kiley
CEO
SPONSORED BY The Market Online