QUB was asked if Patrick was 'core'. QUB believes it's a great business, but not necessarily critical to the operating business. It is not a seller of its Patricks interest.
QUB will work with BlueScope as the latter may wish to increase volumes railed in the future.
The Beveridge agreement is a joint venture but unable to say more. QUB says Beveridge is ideal from a double stacking of containers perspective but others (as in Pacific National that has a competing proposal at Little River) are entitled to their views. (This is presumably because for containers to go from Little River, there are bridges that are too low for double stacking between there and Beveridge i.e. travelling north).
QUB Price at posting:
$2.86 Sentiment: Hold Disclosure: Held
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)