If we take notice of Rifkin and the rate of conversion to...

 

 If we take notice of Rifkin and the rate of conversion to renewable energy and the headlong rush into electric vehicles we are going to see some huge adjustments to the global economy .  My thought is how are rebel outfits going to fund the purchase of arms when oil is no longer king .

In Australia the banks have screwed the younger generation to hand the spoils to old timers like me and probably you.

Well if the Government has the balls to do it the younger families will no longer pump all their hard earned into inflated property prices but with their new found lower interest rates will actually be able to invest in infrastructure and successful Australian companies.

I have LIT …. KDR AND PLS ….. hope to pay for the grandkids education .

As regards LIT ...PLS and AMAL I consider they are a good risk simply because the market cap is not too high ….. to make a small profit of say $260 million compared to a market cap of 240 million at 18 cents per share equals 13 million shares on issue and a profit per share = 20 cents per share at say a p/e of 15= $3 per share …… if $520 million = $6 per share .

So buy 20,000 at 18 cents = $3600  . With profit of $240 million shares will be worth $60,000 but may have to wait 2 years or when Germany turns off its nuclear power .

My bet is my grandkids are going to have a very good education

Cheers