SDL 0.00% 0.6¢ sundance resources limited

firb review, page-20

  1. 3,444 Posts.
    lightbulb Created with Sketch. 138
    Hi GDelaney,
    If only FIRB executed its mandate diligently "in the national interest", it wouldn't be subject to public backlash, as is currently the case.

    While there is understanding for their decision (approval of takeover of asset outside Australia) on the SDL deal (although, by the same token, it must then also be questioned why they, in the first place, postponed their decision pending ASIC investigations), there is no understanding how FIRB could ever justify the selling off of Australian territory - referring to the approval of the sale of Cubby Station to the Chinese/Japanese consortium. That is nothing short of alienating an arguably inalienable sovereign asset of the nation. As Barnaby Joyce stated - FIRB is a farce!! I could add a few adjectives. Off course, with people like Wayne Swan under their wings - what else can be expected.

    Time for Korean Grand Prix
 
watchlist Created with Sketch. Add SDL (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.