$82m new work in hand

  1. 2,045 Posts.
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    More work in hand for the company. Good to see. It sure is tempting to average down at this price, but as they say, don't throw good money after bad. Unfortunately Watpac holds the majority of my 'bad' money so couldn't really justify averaging down!

    Clearly the market still has the jitters about construction companies going under and property writedowns etc. I guess the mining services sector isn't helping us either with projected world slowdown.

    Maybe WTP should have diversified into healthcare lol.
 
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