Hit a bottom, starting to avoid the bearish market beta which indicates all the selling has been overdone.
The Keolis-Downer partnership and resolution of the labor relation issues in Yarra Trams in Melbourne might help Downer Infrastructure. There is also the MetroRail contract line for them to win off the back of their new partnership with the Gov't over the Trams. Does not look too bad in terms of outlook.
DOW Price at posting:
$3.42 Sentiment: Buy Disclosure: Held
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