Buyback was my preferred strategy hence very pleased to see it today. Feel we won't see $1.35 today. I'm hoping $1.4-1.16 region esp as outlook for FY17 is so damn positive. How many other ASX firms have produced a forecast for FY17 by now? Sweet fanny adams... that's how many. Many are clueless re what to expect.
I remain very confident BRS will retain the asylum seeker contract in March 2017 for another 5 yrs. One main reason the talks (after months of negotiations) were fruitless, is that the govt has substantially changed the terms. Hence, the 2nd highest bidder was re-invited back into process. Not just a case of BRS couldn't reach agreement with govt. The refugee scene is fluid as we all know and can change rapidly.
BRS Price at posting:
$1.07 Sentiment: Buy Disclosure: Held