Downer Group

Telco Tuas, it lifted slightly, but it's been viciously sold off for the past few weeks.

An infrastructure firm, Downer, was up after being awarded a property maintenance and repair contract with Homes Victoria, worth about $400 million over five years.

Bank and investment group AMP, it got hammered and hit with a police explain speeding ticket from the ASX.

They did say it was unaware of any material information which has not been announced to the market, but they were down almost 7.5%.

Downer.

It used to be Downer EDI, but we dropped the EDI.

What do you think of it?

Yes.

Nothing on the economic agenda today, nothing from central banks, and only a couple of broken moves for you this morning.

So we've got Downer EDI rated new overweight at Jardin, $7.25 price target.

Greatland Resources raised a bite molus, $11 price target.

That's GGP.

Mm.

Uh, maybe even, um, um, a D- Downer EDI.

The one, the one to avoid would appear, and the market's telling me that, is Worley.

Mm-hmm.

So I've got a texter who says, if you think the supermarket duopoly is a problem, maybe you should look at the road building duopoly.

He reckons that Dionysus and Fulton Hogan have the ear of the government and he reckons they charge whatever they like.

Well, I don't know about that, but I do wonder why the hell are roads so expensive in this country? Mike Hoskin, good morning to

you.