Agree regarding DOW's Works division will unfortunately for the people of QLD, be seeing a fair bit of work come there way. The list of services affected is enormous in quantity and capital required for repairs (and length of time to repair). Road resurfacing, rail/signal repairs, water works, sewerage works the list goes on and on.
Almost 50% of DOW's revenue and EBIT comes from its works division. Supply of contracts shouldnt be a concern over the coming 2 years in this division.
I have no position yet. Likely to however over the coming days.
nab is putting a lot of money on this one, page-4
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Last
$5.71 |
Change
-0.050(0.87%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.82 | $5.85 | $5.71 | $3.075M | 533.9K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 23129 | $5.71 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.76 | 1925 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| DOW (ASX) Chart |
