I’ve gotten into the habit of selling automatically on takeover...

I’ve gotten into the habit of selling automatically on takeover offers. Best to get your gain, take the wife to dinner and mentally move on. The only time I didn't follow that rule it hurt! (DML).

Call me a paranoid xenophobic protectionist but this deal should be blocked. An entire transport network being controlled by a foreign entity is never good. Jobs will eventually go overseas along with profits and tax revenue. Its one thing when a company is taken over with a recapitalisation that creates jobs here (mining) but this won't help. I’ve lost count of the number of holdings that have been taken over in the past 2 years by foreigners. Pretty soon there will only be a ½ dozen companies left on the ASX.

C’mon Australia have some pride.