clrs

For those that haven't already done so, in my opinion it's worth having a read of Imdex's (IMD) 2011 Annual Report and recent AGM presentation for somewhat of a guide as to where one could expect CKK to arrive at in the future ;)

I'm curious given the comments of the MD as to whether IMD may have another bite at CKK;

"As a result we are cautiously optimistic about FY12
and continue to progress a range of initiatives to grow the business both organically and through bolt-on acquisitions.

As mentioned earlier, our mining instruments are all manufactured in Australia and our rental fleet is at new highs due to robust demand as well as having an
increased product offering resulting from investing through the cycle."

I also believe Imdex are in a different place from where they were when they previously made a move on the CLRS.

Worth watching in my opinion

WC8