BBQ

Could be precarious sledding ahead again with Algar..

Yes that's something I'm thinking about as well .Hope the events around GD will not return .

I wrote once they were 2 years to late on the market with their projects.If GD was running in 2006 then they should have benefit from the rising oil price and I bet they didn't need such a debt situation + dillution like we have now.They didn't have the time on their side.

The recovery of the economy wil be a hard fact and probably a very slowly one .Therefor to many countries face a debt situation we never saw.

So far our sp is holding near the bottom from some days ago .

Oil made a move to around 69 too last hour.

If you look to this chart it's same level like mid December.Could be a bottom right there.