BIL closed down 1.4%, just off its lows, in London.
The ongoing weakness in BIL may well see the stock test $4.45 here today.
I think that if Wesfarmers were contemplating having a crack at BIL then they would not have undertaken the recent $ 1bio capital return, and increased their gearing accordingly.
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- going for the 4.48 low i think
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brambles industries limited