I have no economics training, so maybe I have dont have a full understanding ....
but I cannot in general see how a foreign takeover (ie sale of an existing business) helps our capital account needs UNLESS the money is (re)invested in some new productive enterprise or 'nation development' project (which I often doubt happens, it is more likely spent on consumption (goods) or real estate speculation).
Now if the money/capital was coming in to startup a NEW or expand an existing business, then I can understand that it is helping to satisfy our capital needs.
Completely agree about the conga line of blood sucking lobbyists, + lets add in the short sellers as well.
I have no economics training, so maybe I have dont have a full...
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$1.38 |
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Mkt cap ! $1.212B | |||
| Open | High | Low | Value | Volume |
| $1.41 | $1.41 | $1.38 | $1.410M | 1.012M |
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| No. | Vol. | Price($) |
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| 3 | 9135 | $1.38 |
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| Price($) | Vol. | No. |
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| $1.40 | 8495 | 2 |
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| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
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