price attractive esp if tenders eventuate, page-4

So my reckoning is (GFC mkII aside) is that SDM will rise as we enter/receive the final report mid-late August. However, there remains the possibility SDM announce a significant contract win before then. To really get SP moving new contracts totalling 150-200m are needed, although all wins help. Assuming no significant tenders are ann how far can SP drop? Hard to say but feel $1.25-1.30 range will see buyers climbing in just to soak up the high yield. Mining services are on the nose atm and are likely to remain that way for ages. My hope is that SDM superior ability will keep rev/earnings coming through. But is hope enough?