it's going down further, page-7

Anyone care to pick the bottom on this one? Is $16 as bad as it gets or will it see $12?? The Brisconnect and Rivercity stakes seem to be a drag on the LEI sp. There's also uncertainty over whether the middle east will cop a dose of recession. But the contract book still looks good and is likely to look better when K-Rud starts throwing the infras cash around. I the meantime LEI is more like a hold than a buy imho.