AIO 0.00% $9.13 asciano limited

rail

  1. xf1
    263 Posts.
    Lets try and inject some facts rather than than all these "hope wishes " regarding this stock.

    Consider the implications of the following with regard to Asciano and it's rail haulage from the hunter valley.

    Announced by the Rudd Government yesterday


    "$1.2 billion for the Australian Rail Track Corporation, some of which will be spent on services for the Hunter Valley coal mines"


    The plan is to double the coal haulage out of the Valley through the port of Newcastle...now this is the type of posts we need...something with a bit of meat on the bone...and don't tell me the Commonwealth Bank did not know this was on when they bought in !!!!
    As I always say
    happy trading
 
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