DOW 2.50% $5.75 downer edi limited

Is it a buy?

  1. 223 Posts.
    Hello folks

    What are people's ideas with Downer EDI. They made a couple of million dollars on the sale of its AOG shares and there is the elimination of the potential share overhang which ERG has sold in Dow as well.

    It has a PE of 10 and 2 to 3% dividend yield. Look at the charts as well, it is well off its highs and near its lows.

    I am interested in buying - so honest opinions pls
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