Ann: Ferrovial - Second Supplementary Bidder's Statement, page-4

I agree, the Govt and Defense contracts are far safer contracts than the resources ones, but also they have Water \ Waste Water contracts as well as Telco contracts eg NBN.

TSE/BRS seem to be winning more contracts than other maintenance service providers out there, which makes me think that Ferrovial's last ditch Second Sup Bidders Statement was a desparate attempt to suck us into selling at their low ball offer.

Lets face it, if TSE/BRS was a bad as Ferrovial make them out to be, they wouldn't interested, but which the exact opposite, TSE/BRS are doing better than other Service providers imo which has made them such an attractive takeover proposition especially at the low SP price it was at the time they decided to pounce....