At first glance pretty ordinary:
-Revenue Down Significantly
-Earnings Down a bit
-Decmil arbitration expected to drag on until later this year
-No Dividend mentioned despite their large cash hoard and franking balance
Positive outlook but I'm expecting a nasty surprise on that Decmil recovery at some point. I'll want to have a look at what I can find on those "contract assets" on their balance sheet when I get some time later today. It seems very high. Just my opinion.
At first glance pretty ordinary:-Revenue Down Significantly...
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$1.53 |
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Mkt cap ! $403.0M | |||
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