I feel need to correct you as you may not have in-depth knowledge from a technical point of view, the Waratah trains has always been a laugh stock from Australian media, but in fact this is the top quality train in the world. The specifications/quality for the trains come second to no one such as those in Hongkong or other in the developed countries.
There are issues, some of them could be debt related which I do not have any idea to comment, but the technical issues so far is really really minor!
It is disappointing the trains has been delayed over a shocking 13 months, but the delivery date is not too far. Brokers and analysts are slowly accepting the fact that downer now deserves a re-rate.
I am not a rumper, but very doubtful about our Australian media.
DOW Price at posting:
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