DOW 0.87% $5.71 downer edi limited

Mike, the only Division UGL would want is the Rail Division and...

  1. 1,539 Posts.
    Mike, the only Division UGL would want is the Rail Division and from a competition perspective that isnt going to happen (giving UGL a monopoly).
    A t/o is always possible but would likely see a breakup of the business and I would have to think the instos would resist at this price knowing all of the work about to come our way; think Queensland mine rehabilitation /road/rail/electrical infrastructure, Santos CSG,Origin CSG, Queensland Gas CSG, think WA LNG/Oil opportunity with Chevron on and on and on...
    Hopefully an ann in the next week or 2 would make the current sp seem ridiculous, appropriate punishment for today, but ridiculous in the LT
 
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