The waratah tender has proved to be a cock-up. Mkt sensed danger about 6 weeks ago and SP continued to wane and wane... and today's ann confirmed the rumours. It's not a train-smash (excuse the pun) for DOW, and they have sacked the chief offender... but its a medium term(3year) proposition now whether SP can get back to where it was early 2010. IMO DOW's main problem is UGL. This Sydney company can build locomotives, carriages, train tracks etc... better than just about anyone. Hence, any future contract wins announced by DOW will not have strong margins as competition is too fierce.
The waratah tender has proved to be a cock-up. Mkt sensed danger...
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Last
$5.80 |
Change
0.030(0.52%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.79 | $5.83 | $5.78 | $165.1K | 28.48K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 10 | 894 | $5.79 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.80 | 875 | 7 |
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