I agree with your sentiment. This company has been to hell and back and it is now starting to exhibit very positive signs on the back of lower A$, pick up in construction and now the promise of some infrastructure work. The recent cyclones will help also - lot window frames, screen doors etc to replace.
Financial discipline shown is impressive and the tight cost control will help results. I would expect dividends to resume at the next interim reporting date. The company also has an impressive list of substantial shareholders which gives one confidence.
The only problem I see with the company now is the low visibility of management in the investment community, they need to get out and start telling the story!
CAA Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
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