Could not agree more Westcoast! I asked a lot of questions at the AGM today ranging from gross margins on projects through to dividend stabilityand was satisfied with the responses. In my opinion this company operates with a large degree of honesty and integrity and from an SP perspective probably errs by using terms such as 'soft' which no doubts excites shorters and panics some holders. Once the Qld state govt tendering processes are unglued (prob post election) and decisions made on some very material contracts for which SWL are short listed (according to CEO advice at meeting) there could then be some very positive moves up to fair value. In the meantime I would love to buy more of this stock close to or under a dollar. With current gyrations this could indeed be possible.
Add to My Watchlist
What is My Watchlist?