LEI 1.67% $20.71 leighton holdings limited

Was not expecting the big drop over the last couple of days, has...

  1. 1,811 Posts.
    Was not expecting the big drop over the last couple of days, has not been happy with the current market..

    ..i cant help but think that some mum and dad investors may have been scared off by a couple of recent articles, one of which warned the sell off of assets by leighton could equate to a 'fire sale', which i think really paints a negative picture on a positive action by leighton to shore up.

    i think the use of 'fire sale' in any article should be used with caution as it implies the company is in risk of failure..

    not impressed to say the least.

    http://www.smh.com.au/business/leightons-asset-sales-could-turn-to-fire-sale-20120709-21ro1.html
 
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