It explains a lot. Many of these infrastructure stocks have over the last few weeks traded at daily and weekly ranges that seem quite absurd for these plodders and that are more appropriate for dodgy mining stocks. Has to be a reason. Any of them showing 8/9%+ or more return that is likely to be maintained or improved must be a buy.
Forget 20% up in the next day or three, but maybe by Nov/Dec a possibilty unless govts push interest rates up which seems unlikely for the next six-nine months.
HDF Price at posting:
$1.04 Sentiment: ST Buy Disclosure: Held