impact of floods ?, page-7

AJL released a market update today concerning recent flooding affecting their HY01 EBITDA. Their share price dipped 6% but only finished down 2%.

WDS will also take a hit as they have work in the Bowen Basin but they have also not provided an exact forecast for FY11, other than stating they were operating profitably in HY01.

Considering I sold a small part of my holding at 74c only last week, a 15% drop in a short time seems like a lot.

I wonder if Pala will be buying some more?