why is lei smashed again?, page-13

Is this giant of Australian engineering being 'hung out to dry'? Bet the majority overseas owners aren't too chuffed but they are powerless to stop the downturn in engineering wk worldwide. Can it break $15.00? Not inconceivable now esp as in just 3.6 months SP tanked over $8 from $24!! MS sector being decimated. I wonder how many SMSF have shares in MS sector? Insto short sellers have ripped into these with ferouscity (sic)last seen in 2HCY08. Perhaps we'll see $14.00. Can't rule anything out in current climate. I'm surprised WOR has held-up so well. But WOR is in far better financial health than LEI. Avoid.