WES 1.26% $76.16 wesfarmers limited

After the Asciano downgrade, yesterday was open season on any...

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    After the Asciano downgrade, yesterday was open season on any companies carrying a lot of debt. I don't know the full details of Wesfarmers' debt situation but someone with a lot of muscle took a dim view of its prospects yesterday.

    It may turn out to be be a one-day wonder but I will watch this one very closely today. Holders be on alert.

 
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