AIO 0.00% $9.13 asciano limited

perhaps now a good time to buy., page-3

  1. 76 Posts.
    A person in know told me the sell down was due to shorters jumping on the news of a supposed rights issue, something like Transurban have just gone thru. A lot of brokers were getting in at around the low $3 mark and after a fall of 20% were forced to sell!! Source also stated they think the company is worth around $6 worst case scenario. Hope this helps in these troubling times :)
 
watchlist Created with Sketch. Add AIO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.