Club Mulgoa

Monday, October 22, 2012

GNC... the Yankees are coming... again

Well, you won't hear Barnaby Joyce raising "concerns" about the Yanks trying to take over Graincorp.  He might but it isn't as early nor as loud.  Yet, it is another cheap Aussie asset to be sold off by fund managers for a quick buck.  Had it been a Chinese company, he would be at the front gate.

It is at an early stage.  Who knows, the Chinese might make a move, too.  The Chinese government has to exert some control over agricultural supplies.  A hungry population is an angry mass.  So we might still hear a very loud Barnaby.  Go Joyce, Go!

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