Mosig you are the best of the best!¡!, page-16

  1. 1,036 Posts.
    lightbulb Created with Sketch. 14
    Also Timm I'll add that with the Royal Commission into Banks they are including Super funds as well,
    I haven't read the terms of reference, though on the face of it that COULD mean some of them are getting their affairs in order...which MIGHT mean they are divesting from some high risk assets.

    I assume a super fund would offer to their customers a High Risk investment option which I assume would mean the fund would allocate maybe a few hundred thousand dollars to the choicest of the penny stock miners...so when things like Interest Rates and Royal Commissions are in the news they would shift that money out for a time and re-assess the situation then if suitable put back in.

    It will be interesting to see what happens with the RC I think it will be directed more at wages of the Managers and CEO's Because as far as I can understand all the calls for this RC has yet to say what exactly they intend to investigate. Or is it a massive case of Bank Bashing for the sake of politics? I don't Know.
 
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.