Club Mulgoa

Thursday, September 23, 2010

CTP

Oh no! It is a capital raising. That is almost certainly bad news. You don't get to buy any cheap share if it is a placement. This is the most inequitable aspect of investment in Australia. I am surprised that the Labor Party has not put a stop to it. Similarly, for buybacks, where only super funds or people who pay very little tax, benefits. Those who pay tax? Well, screw them!

0 Comments:

Post a Comment

<< Home