The government intends to render my previous petition moot and academic,
It does not mean the right decision will be made by investors if they focus on tax advantages rather than the best returns.
New Zealand investors behave like a bunch of sheep,
The IBP is greatly disturbed by this move of the government because the Constitution and the rule of law cannot be twisted or manipulated to serve partisan ends.
There is an underlying mistrust of venture capital and private equity that when they come to invest that they are looking for too much.
It's just profit-takers moving in after what has been a very, very good run in the share price.
By all means, law and order must be maintained, and this can be done by the government without declaring a state of rebellion or imposing martial law or suspending the privilege of the writ of habeas corpus.
Again the market foolishly priced in all the upside, all the blue sky on day one ... all on the back of some promises.
The market's had such a good run ... and there's a certain inevitability when you've got that kind of strength that the market is going to have to take a bit of a breather.
