I wish BAM well with PD Ports, jettison timing has little to do with it, they certainly have done there homework on it for a few years at a minimum. I would have preferred it to stay within PIH but BAM needed to have it as a spoils of war and it was the rock that BAM used to trip the unsteady BBI into BAM's waiting helping ? arms, so be it. There are too many forward positives at PD Ports for Corus plant changes to worry BAM too much. It is a steel mill, if Tata move on, someone else will move in. Roll on the power station. One economic cycle is short term in the overall scheme. It will take one economic cycle minimum for PIH to stand up straight, something that they have not much experience of in their 7 year history of dishing out ice cream with doughnuts lol.
It speaks volumes that Aust Gov and Singapore Gov want BAM to share the fund responsibilities for their new Aussie infrastructure bailout fund. Share with AMP who are 30% owned by silver doughnut.
ifandwhen
BBI Price at posting:
0.0¢ Sentiment: LT Buy Disclosure: Held
