The announcement was just about a timing difference for the final shipment leaving port just after 30 June, but there is no change to fundamentals. Macquarie this morning downgraded WSA to Neutral and a target of $2.60 due to the lower than expected shipments for the June quarter. It's a rash move and accordingly I hope Mac Bank upgrade WSA again as the shipment shows up to boost current quarterly sales.
The announcement was just about a timing difference for the...
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