FML 3.57% 13.5¢ focus minerals ltd

shareholders should demand firb 51% cap, page-10

  1. 2,356 Posts.
    lightbulb Created with Sketch. 239
    Kent,

    i doubt the FIRB would argue IF both parties were presenting the deal on these terms in fact,the buyer being willing to commit to being on bound and willing to accept investing on these stricter terms.

    It would considerably lessen any sovereignty issues that may arise later,if not already stepping up to halt the deal.
    It would also maybe help FIRB being able to rule for the deal,saving everyone a considerable amount of political face.

    To say yes,a foreign GOVT entity can buy up Australian land,without restrictions,would cause issues.To turn it down blankly may upset the Chinese and affect trade.

    Lets let everyone save face,keep Aussies employed,protect our interests and all make some money.

    fitnfam

    as always it pays DYOR+DYODD
 
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