The downrampers make it seem like ABC is closing shop lol, the reality is, there will always be a demand for cement. buildings do need replacement and some even quicker due to the harsh location built. Quote "In 2013 the 20-storey Iluka Surfers Paradise high-rise – built in 1972 - was demolished after concrete cancer destroyed the hotel's structural integrity. Concrete cancer – also known as concrete spalling – begins when steel reinforcement within a concrete slab begins rusting.Jun 15, 2015"
ABC Price at posting:
$3.42 Sentiment: Buy Disclosure: Held