Why should Heathgate-Quasar be rewarded by being allowed to takeover an Australian company that they have placed in an invidious position through questionable means?
I have been directly affected by such actions as an [ex]employee and shareholder of another Australian mining company whose assets are now largely in the hands of their foreign state-owned JV partner. It makes me question the regulation of the whole industry and especially the controls over foreign takeovers occurring under controversial circumstances.
AGS Price at posting:
56.0¢ Sentiment: Buy Disclosure: Held