Clough was awarded preferred tenderer for this development back in October 1999 so it looks like another $80-$100m contract will be going their way soon. Order book should now be well over $2b Very strong balance sheet at about 15% debt to equity and should kick on into the second half calender year after this period on consolidation. Will start to look good on the charts if it can hold the 75-80c area into the new FY.
CLO Price at posting:
0.0¢ Sentiment: None Disclosure: Held