It is hardly surprising that yet another NZ company may delist and go to foreign investors. Government after government have kicked tax and investment reform down the street while Kiwis prioritise pouring more and more money into inflating the price of land. Will we end up in a land owned by wealthy land-owning gentry with the landless majority working for foreign companies controlled by absentee foreign CEOs?
Disc: IFT was my first shareholding bought decades go.
Originally Posted by Bjauck
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