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Out of all levy's I have ever heard of that is one I could get...

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08/10/19

13:59

Post #: 40774070
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Originally posted by tinman9 ↑

I wrote an email to Richard Marles outlining my concerns about the Labour parties franking credit / neg. gearing policy and that it could cost them the election. I went on to explain that they would be better off putting a $5 levy on every share transaction to dissuade short selling and algorithm trading but all I got was an automated thank you for the email and all they got was to be the opposition.
Regards, Tinman9

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Out of all levy's I have ever heard of that is one I could get behind. It's logical. Imagine all the good things that could come of it.

Check out the monthly trading volumes and imagine that multiplied by 5.

https://www.asx.com.au/asx/statistics/tradingVolumes.do

GXY Price at posting: 96.0¢ Sentiment: Buy Disclosure: Held
8 Upvote

0 Great analysis

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