SXE 3.22% $1.51 southern cross electrical engineering ltd

Thks PortfolioPlus.I did look back at the decmil issue over the...

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    Thks PortfolioPlus.
    I did look back at the decmil issue over the weekend.I believe (by memory) i sold out because i didn't like sxe ,again by memory,adding the $11m to revenue when it was revenue outside the original contract and not a small sum.?I just felt that imo only it raised some questions about management at that time.I would have thought $11m extra work beyond a contract should have been covered by a contract.Which was not a sml amount for sxe.

    It appears sxe has stabilized so i bought back in,but then remembered the decmil issue but i'm ok with accepting that is history.
    Hope that makes sense.
    I now hold sxe because of the sectors it operates in but its a sml holding relative to my portfolio.

 
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