Hi Penny, I already got done by Qld Labour Govt & Linc. Now Qld Labour Govt & CNX. How do you reckon I will be voting for the rest of my life? Pacific Road & Kam Lung are showing as the only substantial shareholders with combined 37.5%. Incitec got out in April. CSIRO were reported to be a shareholder, too. I can't believe it is going to be a wipe-out on 5 minutes notice, on a legal loophole between financiers, when progress in China seemed certain. Where is a Turnbull spokesperson on Australian Innovation & Jobs? Where is the Qld state opposition? Where is any politician in Australia with Guts. That only leaves the Hanson Party of 2 or 3.
This needs more probing questions by the Administrators as to the essential worth of CSIRO/CNX to Australia's wealth creation abilities & financial team support.
CNX Price at posting:
1.3¢ Sentiment: None Disclosure: Held