Ann: Half Yearly Report and Accounts , page-4

You have not misunderstood the results scoot, they are very positive indeed. No surprises is probably the most positive aspect.

IMO the only reason WOR's sp is incredibly low is all TA related, obviously horrific global market conditions have contributed to this which is unfortunate really given these results and future forecasts which put this company in a very solid position going forward.

To sell now would be mindless but going forward I fear there will be pressure from residual sellers who have bought in at much higher prices and are looking for an exit. You would think that new investors will offset these sellers and upwards momentum should be maintained albeit at a slower pace (which may not be a bad thing for future chart strength).

“We expect the recently announced contract awards, amongst the largest in the company’s history, will support earnings in the 2010 financial year and beyond. We continue to benefit from a lower Australian dollar compared to other currencies. Currently we expect to report good growth for the 2009 financial year.”


A positive day ahead imo