i sold my holding when these guys talked about buying into west pilbara - classic novice ceo with no feel for markets and no instinct for economics
same as when Nev at fmg started talking about buying into oil rather than paying down debt
hockridge has had the gilt edge ride of moving from being a govt bureacrat into ceo of an listed infrastructure play - one of the sleepiest least demanding gigs in the world - given the lack of infrastructure plays and the way global pension mandates fixate on these kind of assets
takes a real ineptitude to manage to screw that up this badly
they just need to ease him out and find someone who understands markets and economics. there are plenty of underlings to make trains run on time
then azj will be a great rebound play
time to buy is when lance moves on
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Last
$3.37 |
Change
-0.020(0.59%) |
Mkt cap ! $6.313B | |||
| Open | High | Low | Value | Volume |
| $3.38 | $3.38 | $3.36 | $4.404M | 1.307M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1834 | $3.36 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.37 | 193772 | 36 |
View Market Depth
| Last trade - 12.40pm 04/12/2024 (20 minute delay) ? |
| AZJ (ASX) Chart |
