AIO 0.00% $9.13 asciano limited

imho cba has not finished buying as yet,there is more to this...

  1. 399 Posts.
    imho cba has not finished buying as yet,there is more to this than meets the eye,in times of uncertainty cba are putting a lot of money into aio,70 mil plus so far,they know they would not be able to sell any time soon,and probably are looking at the larger picture,aio will eventually with cba control all port and rail facilities,with the financial backing they can do this,you have to remember and a lot of you are missing this point,shipping will not stop,nor will rail and port infrastructure,cba know this and that is why they are investing.with them now controlling a large stake and about to control more ,they have stopped a cheap takeover,and will now start dictating terms,i am very pleased with the outcome so far,well back over a dollar today even with the dow down
 
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