Port privatisation off, but Santos STS10 terminal concession will be up for grabs
Brazil’s Ministry for Ports and Airports has decided to expand the container handling capacity of ...
Hunting for “catalysts” on 16 June, when WiseTech (WTC) stock traded at a lowly A$35.9 a share – closer to a 52-week low of A$29.69 than a then-52-week high of A$60.4 – there didn’t seem to be any obvious candidates on the horizon. How wrong was that – it all changed in a flash.
(Although, in fairness, we didn’t support the bearish stance, promoted by some investors, that in the mid-A$30s, WTC had more downside than upside.)
Less than three months later, a ...
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