I've just bought in at the 60c level. Still risky as you say Mike, will all depend on how much of that forward tender work they can secure. Management noting that FY will be significantly weighted toward 2nd half; first half results should be out this week. Not expectinga a interim divi but at least they're still NPAT positive. Lot of other mining service co's racking up some big negative profit results through the same period. At current price, more upside potential than downside risk IMO.
I've just bought in at the 60c level. Still risky as you say...
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