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$6.10 boral limited.

Boral - Sharp Falls, page-2

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Michaelirish

20,544 Posts.

79

01/06/18

17:52

Post #: 33441106
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Originally posted by NajafVisitor ↑

Boral has fallen into the $6-20s range. Only a few months ago it was always in the $7-50 range. It began falling in May. A variety of news stories have fed into this. The failure of the case against the CFMEU union. But that is not of much importance, IMO. Cases against people collapse all the time. Boral and the union members will tough it out and go on. They have to.

Of more concern are the doubts about the US investments. Perhaps they will not bring in good income. Boral has always had disappointments from its US arm. Also, the decline of the building boom in Australia. However, some say that while Aust will be spending less on apartment blocks, the public sector will be spending more on infrastructure.

So, I think it is about time to buy in. But perhaps it would be better to see if it hits the $5-90 range. But, one could buy now, and get some Boral shares.

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CFMEU did black ban Boral, judge says

He escaped blackmail charges but notorious union leader John Setka was part of a CFMEU black ban against Boral, a Federal Court judge ruled.

BLD Price at posting: $6.25 Sentiment: Hold Disclosure: Held
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