Does anybody have any idea why this has fallen so hard over the last few weeks? The financials listed in the Feb. presentation look good (at least to me): revenue increased 17%, earnings up 20%. They've repaid a hell of a lot of debt, down 40%, NTA of 83.7c, and from the latest presentation:
Intending to reinstate final dividend for FY16
I'm in @38.5c as of today. Hope this isn't a value trap.
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GCS
global construction services limited
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Ann: Investor Presentation Half Year Results, page-2
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REDCASTLE RESOURCES LIMITED
Ron Miller, Non-Executive Director
Ron Miller
Non-Executive Director
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