bad debts blowout in middle east, page-30

pete11... did you buy more below 15.50? Hard to know what the truth is. ME has a history of delaying/not paying... but LEI seem pretty confident. Mt Mkt is avoiding anything with risk esp after FGE, WOR, QAN and now QBE blow-ups. Place is a tinder box right now. LEI looks goodish value but newbies can afford to be patient and wait to see how/when overall mkt steadies. We are only 109 points above 5,000 mark for ASX200 index. So much for brokers predictions of 5,600 by CY13 yr end. Some went even higher.