PIH prime infrastructure group.
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which way to jump!

  1. timber1956
    7,424 Posts.
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    10/09/10
    11:26
    Post #: 7181927
    The dynamic has changed overnight with the increase in the BIP price from USD 17.81 to USD 18.42. Accepting the AUD-USD at .9233, that gives an implicit PIH price of AUD 4.78, up from AUD 4.65 yesterday.

    There is a growing case for hanging on and accepting BIP units.

    Disclaimer: These numbers a rough and dirty and take no consideration of differing brokerage or spreads on FX transactions. DYOR and DYOC (calculations).
    PIH Price at posting: $4.57 Sentiment: Hold Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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