Ann: Decmil Updates FY22 Guidance, page-7

The balance sheet is going to look catastrophic with those impairments. It puts serious doubt on their working capital and I doubt whether they will be able to keep their current Austroads prequal. That essentially means they wont be considered for that type of government work. Most diligent non -government clients would also look at their financial strength and be hearing the same alarm bells.

What a disgrace the Board is after only 7 weeks ago confirming the guidance they gave to the market in April.