Australian investors and I'm talking about the institutions and fundies tremble at the unknown
Atm the share price is being brought down by the fact that the big end of town believes B.F will not get approval while Qube has a better chsnce, it still might get knocked back.
BF therefore may hold and become a very annoying minority shareholder.
Plus the general economy is a basketcase. That's why Aurizon has been smashed. Without the takeover, Asciano would be trading in the $4-6 range.
AIO Price at posting:
$8.32 Sentiment: Hold Disclosure: Held