DOW 1.03% $5.75 downer edi limited

Over $5, Fair value now has to be closer to $6, I am not selling...

  1. 12,929 Posts.
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    Over $5, Fair value now has to be closer to $6, I am not selling anytime soon, up beyond $6 from here on in, Dow turned a great result, Downer Rail did very well, we all knew existing mining contracting was coming off. Fenn did brilliantly, why people sold off, I'd never know, perhaps they are computers selling. They may expected a 20 cent divi but with the asset management services coming on with Aurizon, they have to continue to complete these large contracts & save their capital for that.
    Last edited by JCoure: 05/02/15
 
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