re: Ann: Company Insight - Developing Romang ...
well to put it in perspective I recall TRF doing an inspec distrib of its rol holding to trf shareholder ..most of whom sold out above $2....trf sold out its holdings... I recall speaking with a director of trf many yrs back about the value of rol shares over to $2 mark and he said they were over valued...enough for me I was out near the top.....
now they have brought back in the % rule of ownership like they had previously ...just chases business away and leads to a smell of the old style corruption that existed more so..... yet they here to Aust and ask for 100% ownership of company what thick hides this lot have along with a lot of other asian countries......they just have to have the biggest portion of the pie..always.....control freaks insecure whimps....
they come here and buy a house and land...go to their country either its no you cannot own any land or set a $US100k min on any purchase.......just chases away foreign money...... ...but they will let you buy a coffin in the sky they call a cono...well in Cambodia you are not allowed to buy on the ground floor...may infer you have some land ownership rights....how is it possible to do business with confidence in these countries...
ROL Price at posting:
$1.11 Sentiment: None Disclosure: Not Held