OZL oz minerals limited

Think about it logically.The company is forced via the gov't to...

  1. 186 Posts.
    Think about it logically.

    The company is forced via the gov't to go into administration. The assets are divided up and sold to Australian companies only. The assets produce, taxes are paid on profits and the gov't still does makes at the end of the day the same revenue as it would if OZL still exists.

    Gov't outlay and risk - nil.

    Save OZL with loans due to poor mismanagement and there is an outlay and risk.

    You play the game you take your chances. Why do most people in here think its their inherent right that the tax payer bail them out of a poor financial position they find themselves in ?
 
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