I agree Herebus that the current price has obviously factored in...

I agree Herebus that the current price has obviously factored in the downside and bad news. However when you say "the stock price has stabalised at its current low level, with little indication of slipping further" I have to disagree. Perhaps TODAY it shows little indication of slipping further but if Wembley isn't completed for the FA cup, the sp will definitely slip to $______... who knows? I don't think it will fall too drastically, more just a sell off by people who are worried of any additional increases in costs and penalties for being late etc.

Let's also just hope that the liability in relation to contractors and other aggrieved parties is minimal and that it doesn't end up in the courts..

But in the medium / long term though I am confident that the sp will return to more.. healthy levels!

And nickyjames, I agree, it was good to see CBA buying more - if they have faith in the short term outlook, then that makes me feel just a little better.. :)