The above said, if there was a stock that I'd be buying as a LT play on U recovery (if/when the signal comes) it would be BKY. Low on the cost curve, far fewer shares on issue than most ASXers, quality and lean mgmt and Spain is a favourable location to supply from, along with relatively low sovereign risk and lower labour costs.
The above said, if there was a stock that I'd be buying as a LT...
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