Hi guysWhat I find interesting is the price being around 35c...

Hi guys

What I find interesting is the price being around 35c early March and $1.55 in early June this year. For an infrastructure stock to dance like this is quite unusual.

Have not been able to find an explanation.

Having traded these some time back in the $2 t $3 range I thought that at below 30c they were going to go the same way as BBI and other overgeared stocks. Regretfully (and stupidly?) I stayed away. Back in at 84c and a happy buyer if they go below 80c.

What was on the mind of buyers in March this year at $1.50? Has anything changed. What did they know I didn't? To my mind things have improved since then in terms of LT risk.

I can buy the market manipulation theory. Lets wait patiently and accumulate. Hopefully the div yield will remain in 2 digits and that it qualifies for marginal lending ratios at 70% of value at below 8% pa. Could be a good stock to gear and trade for the next six to nine months.

Also AIX MIG ENV APA DUE and SKI.