The rise and rise of James Hardie Industries has cemented the company's reputation as one of the highest-quality investments on the Australian Securities Exchange.
Last week shares in the building materials group hit a record high of $20.12 after a respectable, but unexciting, fourth-quarter result reassured investors that James Hardie's long-term market share growth story is largely intact.
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Tim Binsted writes on Business specialising in Agriculture, Construction, Manufacturing. Tim is based in our Sydney newsroom. Connect with Tim on Twitter.
