It's definitely a grim outlook at present. I know director buying doesn't mean a lot, but at least it shows that they have some sort of confidence in their business. I note today another Fortescue director buying a sizeable parcel, not long after Twiggy piled in for a heap. Certainly don't see that sort of confidence from the AGO guys.
To extract some sort of positive, surely the fall in oil prices would have to help a trucking model cut costs, although the SP continuing to plummet would suggest there are no positives.
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