ABC adbri limited
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Could the recent big fall in ABC be related to concern about the...

  1. rms100
    62 Posts.
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    07/07/11
    23:11
    Post #: 8645400
    Could the recent big fall in ABC be related to concern about the impending carbon tax. I recall reading that ABC is a major emitter of CO2 in the cement making process and it was expected to be adversely effected by the additional costs which will make it less competetive. Especially with the high AUD and competition from imports.

    Any thoughts?
    ABC Price at posting: $2.94 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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