Or they have a large order book as they are taking low margin...

Or they have a large order book as they are taking low margin jobs and low balling jobs? I think you make valid points Plough, also go to www.brr.com.au now as there is interview up. Steel prices were unlucky, perry does say may see WIH reduce a little but infratructure projects will pick up. Things look OK for them. labour prices should come off a little also.