They flagged a breakeven result previously and I suppose the...

They flagged a breakeven result previously and I suppose the market was expecting a disaster; when it wasn't as bad as expected the share price jumped, although its pulled back abit now. I think the results was within expectations with a few interesting opportunities in FY2018. The impairment you could see coming and I believe should be the last one in the mining services.

There a few glimmers of hope, namely mining sector downturn bottoming out and infrastructure boom. WTP should be a in a position to ride this wave.

Good that both problematic projects (333 George St and ANSTO) completed or nearing completion.

http://chasingvalue.com.au/