I'm still holding off because i'm not sure the sp has settled.Combined with in general maintaining a considerable cash position relative to my portfolio for any future domestic/global correction.
Just some of my observations
-i notice TGE and aurizon have darwin port infrastructure close to each other with close access to darwin airport/port import export facilities nearby.
-- i believe i read they are increasing the capacity of darwin port to cater for the larger ships.
-hmm 'land bridging' i believe Chris Corrigan blasted the idea 20 years ago ?.If i'm correct then obviously there is no comparison with todays business as in online parcel delivery .
-i can understand the arguments for a darwin distribution point then rail for national distribution .I guess they have done the maths regarding LCL shipments,airfreight co's like Amozon and going to the extreme with their own jets.
---i guess it will depend on the aurizon/tge efficiency .
i notice TGE has bought another 60 by memory lge electric vans.
-even if amazon has its own aircraft it still wouldn't make sense to fly to each state dropping off parcels.?
-same LCL shipments.
Above is obviously parcel service,bulk is a different strory but it makes some sense the 5 or 6 days saved rail verse shipping especially re agriculture .
imo only it seems to make sense this land bridging' .and i feel much more confident TGE has a capable ceo like Christine Holgate.
Anyway i just feel the sp will settle over next 6 months untill onerail /azj and tge get a handle on the new business model?
- Forums
- ASX - By Stock
- Ann: Aurizon secures major national freight contract
I'm still holding off because i'm not sure the sp has...
-
-
- There are more pages in this discussion • 103 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add AZJ (ASX) to my watchlist
|
|||||
Last
$3.36 |
Change
-0.030(0.88%) |
Mkt cap ! $6.184B |
Open | High | Low | Value | Volume |
$3.39 | $3.40 | $3.34 | $26.03M | 7.756M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 60787 | $3.34 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.36 | 80597 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
7 | 52787 | 3.340 |
13 | 31116 | 3.330 |
7 | 84037 | 3.320 |
8 | 59843 | 3.310 |
25 | 89568 | 3.300 |
Price($) | Vol. | No. |
---|---|---|
3.360 | 305 | 1 |
3.380 | 17548 | 2 |
3.390 | 29641 | 4 |
3.400 | 28878 | 4 |
3.410 | 21099 | 2 |
Last trade - 16.10pm 23/08/2024 (20 minute delay) ? |
Featured News
AZJ (ASX) Chart |
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online