Thanks Bigstock...Australian always puts out a good synopsis....

Thanks Bigstock...Australian always puts out a good synopsis. Current head of DOW has inherited this lemon so no point blaming him. As per the IT industry you would be nuts allowing customer to make changes without charging them accordingly...but too late once the contract is settled.

The length of delay re announcement suggests to me they are seriously considering walking away unless the gov stumps up the finance to back fill the hole this will leave.

DOW still a good buy long term but no doubt the shorters will be licking their lips so I'll wait for the downtrend to end ie. the short covering to commence following the initial hammering.

Could see high 3's but hopefully for the longs only a 5% drop????