Last year a market update was provided on 20th Jan with the financial report issued on 25th Feb. There has been a trend to provide guidence before any result as has been mentioned on this forum.
No adverse news has been provided to the market so i suspect the QLD floods and any defect work is not a material issue moving forward. 40 rigs were being fully utilised as at the date of AGM. As long as WIH is around 200m I cannot see anything but a surge in SP
One thing is for sure, the update will finally make this share move. Hopefully north!!!
STS Price at posting:
90.0¢ Sentiment: LT Buy Disclosure: Held
