Rebuilding is the name of the game

Alinta is slowly making up ground after the market’s ambivalent reaction to the cost of its Duke Energy acquisitions. After a low of $5.50 some weeks ago, ALN closed the week at $5.99. However, it didn’t help Bob Browning’s pitch for more company options - one that was approved by the board and the retail shareholders, but canned by its institutional investors.

Worley looks to have corrected its recent slide. It recently plumbed a low of $2.62, but has recovered to close at $2.89. It is still way short of the highs of $3.

loader