IMO Ausenco is safe comparing to some other mining service companies, their service are more on consulting/knowledge side rather than equipment hire or earth moving.
Their margin could be very low but business can still move on as long as new contracts signed.
At current share price a deal or TO can emerge any time (like Coffey international).
Also the much smaller size of the company means a sharp turnaround is possible (eg, a large contract signed, like NRW holding).
Add to My Watchlist
What is My Watchlist?