CAZ 0.00% 2.0¢ cazaly resources limited

which part was public interest?, page-2

  1. 6 Posts.
    There is clearly public interest in the WA govt making an equitable decision in this case – Rio completed the right paperwork at the right time, and the courier unfortunately didn’t deliver them as Rio expected it would; therefore, imho, the minister will make the decision for Rio on the basis that it is simply/clearly in the public interest for it’s elected representatives to make equitable decisions – it doesn’t need to be any more complicated then that. Rio has invested massive $ into WA via iron ore infrastructure e.g. road and rail, and a problem with a courier is hardly going to cost it the SH leases. To me, it’s no wonder the SP is falling as the decision approaches – why wouldn’t you take profits before the minister decides in Rio’s favour?

    When Sam Walsh says that he’s ‘quietly confident’, I think the translation is that he knows Rio is going to win, but he obviously can’t be seen to know this.

    While I guess anyone (like me) who thinks that Rio will win, will be told they are trying to down ramp to buy more, I could say it’s just as equally likely that those people saying they are ‘holding and buying more’ are trying to up ramp so they can get out at a better price before the announcement - who knows really! But for what little it’s going to be worth, I honestly don’t hold any caz, haven’t done and aren’t intended to get any.

    If I'd had any caz shares, I'd have been selling yesterday like ALEXB16.
 
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