Hi guys i agree with this threads title 100 per cent
this is a fairly decent coy as far as what it does
as far as some of the people running it go the need the bullet asap
thos coy should excel in a strong north west market for many years to come
royaltys for regions and the revamp of Karratha and Hedland should see this coy obtain more than enough work to grow earnings
imo 30 or under is an excellent price
then again i bought a few in he 60s to but in reality it has been way oversold and i expect this may be a very good recovery story over the next few yrs
that oct 09 guidance we now know was a farce
if the internal issues are sorted this buisness can really flourish
i dont know if you guys get the west but activity in the mining sector is on the run plenty of job adverts something not seen for some time
Broome also is set to rapidly expand over the coming decade with the browse gas hub
traders i dont now but investors need to think about where this coy may be in a decade looks a good future for them imo
read the last few years annual reports some minor tweaking and this coy will be ok imo
directors who are found to mislead holders should be sacked asap by holders i look forward to the next AGM
DYOR please
NOD Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held