Commodity trading.

Australian Federal, State and Local Politics
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mellie
Posts: 10859
Joined: Mon Feb 28, 2011 7:52 pm

Re: Commodity trading.

Post by mellie » Sun Apr 10, 2011 2:15 am

Jovial Monk wrote:Ridiculous allowing another country to own the ASX!
Almost as ridiculous as 'enabling' an 'alleged' individual from another country to moderate an Australian political forum wouldn't you say Monk?

Aaah yes.....Market research -vrs- online fishing/scamming/trawling ... a fine line yes?

8-)
~A climate change denier is what an idiot calls a realist~https://g.co/kgs/6F5wtU

mellie
Posts: 10859
Joined: Mon Feb 28, 2011 7:52 pm

Re: Commodity trading.

Post by mellie » Sun Apr 10, 2011 2:20 am

And now that Origin bought out Integral Energy, Origin being part owned by China who mine and mineral explore our soil, do we like the idea of our electricity supply being owned by them?

Now, they may name their price!
~A climate change denier is what an idiot calls a realist~https://g.co/kgs/6F5wtU

Viking King.

Re: Commodity trading.

Post by Viking King. » Sun Apr 10, 2011 9:01 am

Jovial Monk wrote:Ridiculous allowing another country to own the ASX!
I certainly hope they don't take by force, it is my understanding they have many many shares in it.

Jovial Monk

Re: Commodity trading.

Post by Jovial Monk » Sun Apr 10, 2011 9:28 am

Well, consider that amended to own and control.

Viking King.

Re: Commodity trading.

Post by Viking King. » Sun Apr 10, 2011 10:06 am

mellie wrote:And now that Origin bought out Integral Energy, Origin being part owned by China who mine and mineral explore our soil, do we like the idea of our electricity supply being owned by them?

Now, they may name their price!
Who owns Telstra?
Who owns Ford company here in Australia?
Who owns Holden company here in Australia?
Who owns the Hume Wier and all the workings that go with it?
99% of what we thought was Australian, is own o/s

Rainbow Moonlight
Posts: 1463
Joined: Tue Jun 24, 2008 5:23 pm

Re: Commodity trading.

Post by Rainbow Moonlight » Sun Apr 10, 2011 11:05 am

Is Telstra really majority overseas ownership?

Jovial Monk

Re: Commodity trading.

Post by Jovial Monk » Sun Apr 10, 2011 2:11 pm

No idea. Be all sort of pension funds etc etc nominee companies with shares in Telstra.

Rainbow Moonlight
Posts: 1463
Joined: Tue Jun 24, 2008 5:23 pm

Re: Commodity trading.

Post by Rainbow Moonlight » Sun Apr 10, 2011 4:59 pm

I think Swan's intervention means it is illegal for ASX and Singapore stock exchange to merge.

harry climber

Re: Commodity trading.

Post by harry climber » Sun Apr 10, 2011 5:01 pm

Would it have been a merger? Or in reality a takeover.

Rainbow Moonlight
Posts: 1463
Joined: Tue Jun 24, 2008 5:23 pm

Re: Commodity trading.

Post by Rainbow Moonlight » Sun Apr 10, 2011 6:57 pm

I have seen it reported both ways. I am not sure if i have sound reasoning to reject the idea or just instinct. What would the advantages and disadvantages be?

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