Bullish Sign? - Bounced off 200 EMA, page-2340

Walt Whitman why not
“Who need be afraid of the merge?....”

Here’s a list from last December of the top 10 construction companies in Australia ...not all in NRW Holding’s field but interesting to see some of the changes ( I haven’t looked at all )
https://www.constructionglobal.com/top10/top-10-construction-companies-australia

10 - BGC - for sale, as we know
9 - ADCO Constructions
8 - Fulton Hogan - acquired Stevenson Construction Materials last May https://www.fultonhogan.com/news-resources/news-media/
7 - John Holland - most recently sold by Leighton/Cimic to China Communications Comstruction Company ( CCCC) https://www.copyright link/business...blossoms-under-cccc-ownership-20171213-h0413f
Interestingly this deal cited as one of the reasons Canada blocked a similar sale this year https://www.bloomberg.com/news/arti...ralian-colleagues-warned-on-china-s-aecon-bid
6-Nexus Infrastructure
5 - Probuild
4 - Hutchinson Builders
3 - Laing O’Rourke. ....As of August 7 :
https://www.constructionnews.co.uk/...stralian-sleeper-arm-for-29m/10034006.article
2 -Lendlease
1 - CPB Contractors - another division of Cimic.


As an aside another link . This to British company Mott McDonald - like Salini looking to surf the Australian infrastructure wave
“Aussie expansion
Additionally, international markets have played a role in the growth of Mott MacDonald’s global environment team. The Australian business, originally established ten years ago as an engineering and design operation, is now benefiting from the large sums of money being invested in upgrading transport infrastructure. The last six years have seen the group business move from single-digit staff numbers to reach around 570 currently.

At the same time, Mott MacDonald’s Australian environmental team has almost quadrupled over the last 18 months going from 4 to 18. The firm is also recruiting and seconding staff from its UK business to work down under, and Morton anticipates more of this to come”. https://environment-analyst.com/70370/mott-macdonald-rides-global-infrastructure-wave