There is absolutely no validity in comparing a trading Company with the High court - that is emotional rhetoric and nonsense, and only proves once more that none of our independents are mentally equipped to look at broad national issues, their forte is localised issues, and in some cases their competency can be questioned even on those. This is simply a 'grow' or 'die' issue and so far I have not seen a convincing case that ASX can grow on its own - that opportunity was missed through short sightedness decades ago. It appears the only valid growth strategy left is simply who they merge with, once that is decided in principle the rest is just working out the detail.

Comment 1 of 6

On this issue Bob Katter is on the money. So much of our farming property , mines and manufacturing industry or what is left of it is being sold off overseas. The government has to intervene on this one in the national interest and say no.

Comment 2 of 6

I thought it was supposed to be a partnership of equals. Why don't they reverse the emphasis of the deal, with the ASX taking the dominant position over the Singapore exchange. I'm sure that would be perfectly acceptable to the Singapore Government.

Comment 3 of 6

The Australian Stock nExchange (ASX) should be taken over with a competitor in Singapore, a micro-state with a GDP just one seventh of Australia. Whether or not this deal goes through, the proposed merger of the London Stock Exchange LSE and the Toronto Stock Exchange TSE will be a global power-house in resource and mining finance. ASX will be in danger of loosing listings, corporate HQs, employment and poyentially Australian tax revenues to the merged LSE-TSE group. The economically rational step for Australia is to merge ASX with the LSE-TSE entity on the basis that it is better to be inside that tent than outside. If Singapore wants to join too, as a minority equity holder in a much larger group. They won't do this though, it wouldn't suit the ambitions of the extended Harry Lee family who run Singapore.

Comment 4 of 6

Why not a reverse take-over offer? If that is not possible for whatever reason then this bid should simply be dumped in the Singapore River (which is a little healthier than it used to be)!

Comment 5 of 6

Singapore already owns many utilities, buses, operations, hotels and a MASSIVE amount of real estate in this country. Their assets here are said exceed $100 billion - more than our own government. The Singapore regime not only oppress their own people, they are parasites who thrive on sucking money out of others - particularly neighbouring countries. They ant ASX to give some respect to theor own stock exchange, which amounts to little more than a bunch of state-owned companies and penny stocks. Enough is enough. �bout time that Australia told them where to stick their money.

Comment 6 of 6