Investment community will remain constrained in countries that at a whim change rules. Given choice why would you invest in a country that changes the rules retrospectivly and companies and shareholders barely wimper? Yes fossil fuels will play a huge role for decades but it is a choice of which of those companies create those dividends and trade in free markets . Australian governments actions basically have taken any massive premium for takeover off the table and Australia will lose control of the resources that are essential for its transittion to a greener ecconomy. It has become a trading opportunity more than an investment unfortunately.
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$7.99 |
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1 | 1000 | 7.960 |
1 | 1000 | 7.950 |
1 | 2000 | 7.940 |
3 | 6380 | 7.930 |
Price($) | Vol. | No. |
---|---|---|
8.000 | 57278 | 19 |
8.010 | 30612 | 2 |
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