PIH - Prime Infrastructure Group - Aussie Stock Forums

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  1. #1

    Join Date
    Jul 2004
    Summerland Point

    Post PIH - Prime Infrastructure Group

    Hi Guys,

    Prime Infrastructure Group (PIF) went from 1.32 to 1.15 yesterday.

    Anybody know why?

    Joe, thanks for a great site.


  2. #2
    stefan's Avatar
    Join Date
    Jun 2004

    Default Re: What's happened to PIF?

    You probably figured it out by now, but anyway:

    Prime Infrastructure Group (PIF AU), operator of Australia's second-biggest coal-export terminal, sank 17 cents, or 13 percent, to A$1.15. The Queensland Competition Authority proposed a reduction in the price Prime can charge for handling coal at the Dalrymple Bay terminal in Queensland to A$1.53 per metric ton from A$2.08 a ton, the Brisbane-based company said in a statement to the Australian Stock Exchange. Prime initially sought a 33 percent increase in the charge to A$2.77 a ton.
    Happy trading


  3. #3
    Administrator Joe Blow's Avatar
    Join Date
    May 2004
    Blog Entries

    Default Re: What's happened to PIF?

    Quote Originally Posted by eljay
    Joe, thanks for a great site.
    Thank you for your kind words Eljay!

    It pleases me no end to know that people are finding Aussie Stock Forums useful and are enjoying their time here.

  4. #4

    Red face Re: What's happened to PIF?


    Thanks for reply. You're right, I did figure it out (with a little help from google). I hold 33,000 shares and went from profit to loss in one day.
    A bit of a shock, but I'll hang in there.


  5. #5

    Question PIF

    Does anyone have any comments, no, not advice, regarding the currently available non-renounceable issue of 5.5 for 1 at $1.35 per share?


  6. #6

    Question Re: PIF

    What is PIF all about? What is Julia asking about?


  7. #7

    Default Re: PIF

    Hmmm, I really don't understand women...

  8. #8

    Default Re: PIF

    Looks like a good opportunity to pick up a few more shares.

    PIF is currently trading at around $1.65.


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