I think a bit of time was spent doing the integration of subsidiaries. This now seems to be largely complete and as they mention are now tendering for the larger contracts which they have the resources collectively can deliver. I am happy to buy the dips on this one as they set up for a good run over the next few years. I believe Western Australia will be the first state to get going and there will be an emphasis to utilize local delivery to ensure HSE risk management. Australia is a resource driven economy, investment into infrastructure that will support it will get the country up and going. Mentioned in the AFR yesterday, the companies in the resource boom weren't the ones that were getting rich, it was the companies selling them the picks and shovels that did.... No brainer for me, keep selling down I am have parcels waiting to collect.
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