Today's report should reveal where they are and what they intend doing with sale proceeds.
A debt free company in this field is a rarity . I guess if they can convince the market they have a positive and profitable path forward the upward trend from last week should continue.However if it shows up an unprofitable
engineering division with a chunk of cash likely to be frittered away probably won't stir up much enthusiasm.
UGL Price at posting:
$6.79 Sentiment: Hold Disclosure: Held