Noticed this little ANN out late today.
http://imagesignal.comsec.com.au/asxdata/20100310/pdf/01045641.pdf
Seems moody's rating has twisted the knife in Reliance Rail.
RR has 15% debt facility left and are to deliver the first of 78 trains late 2010.
Might pull my buy bid and see where the dust settles.
After looking at recent price action I admit to selling out post ex DIV.
I'm using 13 and 26 MA which work well for this co.
They crossed recently.
For some reason the return of my money seemed more important than the return on my money.(Mark Twain)
P. my thoughts only.
time to short, page-6
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Last
$5.88 |
Change
0.010(0.17%) |
Mkt cap ! $3.626B | |||
| Open | High | Low | Value | Volume |
| $5.81 | $5.89 | $5.79 | $977.0K | 166.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 11 | 1755 | $5.87 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $5.88 | 2358 | 18 |
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