AIO 0.00% $9.13 asciano limited

hedge funds

  1. 22,047 Posts.
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    According to The australian AIO can expect to be the target of hedge funds when shorting resumes on Nov 18 (Non financial stocks)

    The reasoning is as follows:

    (1) Debt =7x EBITDA
    (2) Concern over revenue in this economic climate
    (3) Inability to cover interest
    (4) Using SPP and DRP to cover distributions

    Aio has good assets. The new China development package may change the scenario

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