Transfield has not been loved by investors for a while now (huge capital outlay, specialised industry, potential capital raising, increasing debt levels).
Second, they have been on the top shorters list.
Third, lack of announcements by the company (last announcement is in March 2014, although no news is good news sometimes)
My sentiment of this stock is similar to Morningstar's recommendation (huge potential, but i'll be paying close attention to TSE's management of cost / debt)
My opinion only. DYOR
TSE Price at posting:
$1.04 Sentiment: Hold Disclosure: Not Held
