The PD Ports/Corus situation appears to be getting closer to resolution, so I think there maybe some light at the end of the tunnel in that respect, and have also read the Containerships news. So fingers crossed there. I have also noted the Westnet Rail news, but don't really understand the implications.
I'm interested in any further opinions on the 200m + converted SPARCS BBI's. I still feel that many of those will be sold onto the market in the next couple of weeks, if not already.
I'm looking for another entry price this coming week or two to capitilise on the current SP weakness. Considering backing up the "box trailer" as opposed to the "truck" others mention for a further BBI top up.
What do others feel at present re this current sell down? Will it continue in the short term or is BBI oversold and due for a retrace?
Opinions welcome.
where to now for bbi short term?
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