DOW 0.35% $5.63 downer edi limited

Im still in...in fact topped up more at $3!I agree with you on...

  1. 1,539 Posts.
    Im still in...in fact topped up more at $3!
    I agree with you on forward orders, though the resource slump will cause revenue/ebit contraction...but when it becomes a flight to quality next year DOW will be there.
    Not all mines are going into C & M, and in fact some miners still moving fwd with l/term planning.
    The extension to Newcastle coal handling wasnt going to have a commissioning date til around 2011 from memory so hopefully they are still full steam ahead with $4b spending there, let alone all of the infrastructure spending in roads, rail, wind power and transmission line upgrades.
 
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