DOW 0.88% $5.76 downer edi limited

Amused observer, see below with direct relevance to DOW's Adani...

  1. 12,929 Posts.
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    Amused observer, see below with direct relevance to DOW's Adani contract, today FXJ has been running an Adani hatchet job in papers & on-line all Saturday. In the past when ERA has been treated similarly by Fairfax with its U3O8 mine, AGL with CSG, LLC with the Vic Toll road debacle, the SPs have gone up & I have done very well going against the grain of the FXJ article.
    So DOW should be now bound to make a full recovery to $6 if FXJ is trying to downramp through articles looking at foreign company tax structuring: they must be worried that the Adani contract is going ahead with DOW getting the Australian contracting spoils, the left wing resistance of last resort is FXJ. I've even bought a little stake in FXJ as someone must enjoy reading this rubbish.
    http://www.smh.com.au/business/unce...erns-over-indian-company-20150206-137mbi.html
    Last edited by JCoure: 07/02/15
 
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