WSI 0.00% 11.5¢ weststar industrial limited

Ann: WestStar Presentation - Alltype Engineering Acquisition, page-43

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    Company update of combined order book etc. expected on completion of acquisition 17th Jan, as well as 4c shortly after that.
    Weststar already been awarded contracts worth more than revenues of last year and if the trend continues an EBITDA of at least $5M for FY20 not including Alltype. Combined order book of $42M as at 31/10/19 (does not include work completed in Sep quarter).
    Head winds: Global uncertainty, weakening mining market, small cap underperformance.
    Fingers crossed no more CR's needed in the next 6m and contract wins increase in volume and scale.
 
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