WSI 0.00% 13.0¢ weststar industrial limited

I have taken a small position in WSI.I like the sector and they...

  1. 615 Posts.
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    I have taken a small position in WSI.
    I like the sector and they have a good looking order book.
    From my reading they have no debt.
    The quarterly issued at the end of April shows $31 mill in cash. If that is correct that is a strong cash per share.
    The guts of the business appears to be with Alltype Engineering which has a long and proven track record.
    The point regarding the Auditors is a bit of a worry.
    Certainly haven't put the house on it but will watch closely
 
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