With all due respect saylor,this TAX grab goes far further than just a direct hit on Aussie mining coy's share price. It doesn't and will not just have an impact on direct share prices but, what about the massive impact it will have on the Australian SUPER FUNDS?
Not sure of the % of the funds which are taken up by the mining coy's but i would imagine over the past 10 years it would be substantial.
I'm sure that this TAX if passed through the senate would have a huge bearing on all of our Super Funds !
I would like nothing more to see PEN'S share price go through the roof but,I would like to see some sort of sanity when it comes to GOV policy in this DEMOCRATIC COUNTRY WE LIVE AND WORK IN !
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