I remember posting during heart of GFC that infrastructure will be supported by govts worldwide throwing cash at building dams, power stations, roads, ports, bridges, railways etc. That did occur to some extent, but what i didn't bank on is how margins would plummet during tight times. Goes to show how during the boom mark-ups must have been exceptional. HST continues to drift ever lower. As already mentioned the Rotary purchase has been a huge mistake. Only a massive contract win will see SP return to 1.26-1.30 level IMO. Better stks elsewhere. sigh.
HST Price at posting:
$1.03 Sentiment: None Disclosure: Held
