In todays Sunday Age - if it's only half right I'm happy"Asciano...

In todays Sunday Age - if it's only half right I'm happy

"Asciano was split from Toll two years ago and owns Pacific National, which freights coal,wheat,steel and just about anything else that isn't iron ore and owns Patricks, which dominates the container ports.

And trade volumes are picking up

"It had a near death experience, which has put a lot off it" Nemtas says.

"Theres no debt maturing for three years and it's winning good contracts.It's better now than it ever was.For a speculative stock the question is whether it can double in 12 months.The answer is yes"

You'd want to hope so- it hasn't paid a dividend for 18 months.