ABC
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0.00% $3.19 adbri limited

Ann: Revised 2019 earnings guidance, page-35

  1. Astral
    3,444 Posts.
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    04/08/19
    14:30
    Post #: 39850267
    The downrampers make it seem like ABC is closing shop lol, the reality is, there will always be a demand for cement. buildings do need replacement and some even quicker due to the harsh location built. Quote "In 2013 the 20-storey Iluka Surfers Paradise high-rise – built in 1972 - was demolished after concrete cancer destroyed the hotel's structural integrity. Concrete cancer – also known as concrete spalling – begins when steel reinforcement within a concrete slab begins rusting.Jun 15, 2015"
    ABC Price at posting: $3.42 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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