This is probably not of importance to this thread, but I don't want to start another one.
I was thinking that the sale of those shares by a major shareholder is because they don't think the gov't will allow this deal to materialize.
After all, from a political point of view, I don't see letting China ( Chinese companies are beholding to their government ) take over our most precious companies ( and necessary ones) is a good idea.
Multinational companies are getting too powerful. Governments are having a difficult time governing as a result.
Quote
"....As in the seventeenth century, when European joint-stock companies built private empires, the future of sovereignty is at stake...." unquote from a recent article I read.
Personally I don't mind China buying our goods. I DON'T like to seem frightened or biased, but it is not a good idea to have a significant portion of our health care system governed by a foreign power (well that is the way I see it ....at least not a foreign power that is rather inflexible and , as we have seen in the South China Sea, posturing rather dangerously ...well....more than posturing )
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Last
$1.40 |
Change
-0.010(0.71%) |
Mkt cap ! $1.212B |
Open | High | Low | Value | Volume |
$1.42 | $1.42 | $1.40 | $1.420M | 1.014M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 68663 | $1.40 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.40 | 19350 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 39836 | 1.650 |
4 | 64577 | 1.645 |
1 | 17980 | 1.640 |
1 | 32000 | 1.635 |
1 | 32130 | 1.625 |
Price($) | Vol. | No. |
---|---|---|
1.665 | 4665 | 2 |
1.670 | 17980 | 1 |
1.675 | 48784 | 2 |
1.680 | 17298 | 3 |
1.690 | 8284 | 3 |
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HLS (ASX) Chart |