Drama at LEI shows how quickly mis-judged contracts/increased costs can turn contracts into loss makers. WTP has had decent margins in the past. Every new building contract has slimmer profits as many players bid for each tender. WTP new to mining game and mistakes will be make. I agree board needs total revamp. The stop in share buyback does cause concern. It SP goes to very low 90s may be worth another look. Hard to know exactly what is going-on.
WTP Price at posting:
96.0¢ Sentiment: None Disclosure: Not Held
