Ann: Alltype wins $6M Laing ORourke contract for Rio Tinto, page-10

June Qrtly report stated that there was $100m in tendering and proposals being worked on, is this just the first of many awards to come?? Lets hope so we need a few more of these size and larger contracts to be awarded to us before the market has faith and trust in the company.

I am in the industry and work for a competitor of WSI and we have a very similar value we are currently tendering. We would be expecting to be awarded at a minimum 30% of the total works tendered to make it profitable as tendering on these size contracts is not cheap.

Seeing what WSI has achieved in the last 2 years (I have been a holder for a lot longer) is quite impressive and i believe we are just starting to warm up. I cant understand how we are still at 1.7c however this is the ASX after all and it is forever amazing me. I will be holding and accumulating at these prices as i know our time will come.