ANG 2.70% 57.0¢ austin engineering limited

yes plough - I have read today's summary report quickly and it...

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    yes plough - I have read today's summary report quickly and it seems it is one step forward and one and a half backward - profit read ok but plagued by writedowns and one offs etc - 7 mill to relocate or consolidate at Mackay seems huge -

    then there is some of overseas operations a bit questionable ( south America, and do they still have African?) - Whilst Canada is a stable country, they talk of staking a big bet on Fort Mc Murray -that is very dependent on Oil and Gas I would have thought , and oil sands even moreso- which are pretty susc - perhaps there is gold, copper developments going ahead in the northern wilderness in Canada though -anyone else know??
 
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