I found this also: http://www.theaustralian.com.au/business/companies/forge-ahead-of-the-game-with-a-billion-dollar-order-book/story-fn91v9q3-1226502687601
Looks like some contract wins are just waiting for the ink to dry...
I dont have access to the full article though.
I re entered today, I like the chances of CLO making a bid, very strong cash balance, diversification into power sectors and integrated offering.
It is also woth noting CLO are saying they are looking at acquiring an Engineering and project management company this financial year. The logical choice is the one they own 35% of! Who also happens to be sitting on 30% of cash and a run off order book which could add another 30% cash to its market value.
FGE Price at posting:
$4.25 Sentiment: Buy Disclosure: Held