Nothing flashy, but very welcome: $60 mill of construction contracts in the Pilbara (some to Rio Tinto) via the WA subsidiary.
VDM Group’s Chief Executive Officer, John Farrell, said: “The five new contracts will underpin Wylie & Skene’s 2009 revenues. Wylie & Skene’s order book for 2009 at this point in time is better than the equivalent period in last year with ongoing tender activity being maintained
at very high levels which provides us with further optimism.”
I think the FY08 figures are going to turn a lot of heads when they're released - earnings jump, dividend rise.
SP will push well past $2.
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