Look I completely agree with the idea but IMO the downturn has barely started. There has been no capitulation yet, I'll wait for another lot of downgrades/misses.
When BHP was $15, people were wondering if prices would ever recover. We aren't there with housing yet
News: AVJ AVJennings Indicates Rev & Earnings For FY19 Will Be Weighted Even More Heavily To H2, page-5
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