ann out, page-53

The risk is her falling further tomorrow and the next day as the net loss is digested o/night. Possibly the best time to buy is today, but it could easily be this Friday instead. I believe the odds are in my favour that at some stage I will have the opportunity to lock in a profit. Not looking for much - maybe 5, 10 to 15% or hopefully more. The market may hear more details regarding the below very soon.

"Despite the challenges faced by Hastie Group over the first half of FY11, we have still managed to grow revenue, increase the value of our work in hand with over $2.6 billion secured, maintain a strong tender pipeline that is estimated to be more than $5.0 billion and sustain a
strong market position across all our geographies," managing director David Harris said.

In the meantime, brokers will be re-balancing their sheets to minimise the damage. Looks relatively easy to me but the obvious risks are ever present.