Yes but it's not the only one, not that that softens the disappointment.
I owned it back when it was in the 30s I think but I sold it when it started to go backwards.
When I looked at it again it was 13-14 and I thought this can't drop any further and bought back in.
I think it's got a fairly strong order book but as I said already, there are bad vibes for the construction sector with the downturn, the labour problem, the collapse of Clough & Downer and maybe union troubles ahead.
I'm just going to wait it out and hope there's a recovery. Some people will point to Perenti going gangbusters but it's a mining services business in the main, not a construction services business.
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Open | High | Low | Value | Volume |
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1 | 57400 | 0.350 |
2 | 87500 | 0.345 |
1 | 30000 | 0.340 |
4 | 382965 | 0.335 |
5 | 337560 | 0.330 |
Price($) | Vol. | No. |
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0.355 | 5495 | 1 |
0.360 | 30000 | 1 |
0.365 | 10010 | 2 |
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