However the terminal at Port Kembla will be shut down from mid to late October for maintenance......this is normal schedule as October is usually a very slow month - all a little different now with so much overcarry.
This is not a bad thing, as even IF the line does reopen on 4th, it will take a while to sort out scheduling, iron out bugs, and position transport - so in this case by the time the terminal at Port Kembla is out of maintenance mode, the rail transport will be ready to rock and roll.
Looks like GNC is currently being shorted....some may get burnt, as the only stocks that will be immune for the October doldrums, will be these infrastructure stocks, especially those tied to the agri trade. The world still needs feeding.
Great time to buy even more !
GNC Price at posting:
$8.14 Sentiment: Buy Disclosure: Held
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