Looks like a forced sale, or uninformed sale by someone big....

Looks like a forced sale, or uninformed sale by someone big. Westpac was selling, Perpetual, Hunter Hall and the Directors have all been buying.

In the half yearly mail out to shareholders, one of the objectives was margin growth.

I can see no reason why margin growth cannot be achieved in a time of tight labour supply.

RCR was predicting a $40M before Tax Profit for 07/08
with the earnings blip they are still heading for around $30-32M.

The market cap of the company is only $130M.

$30M Profit from a $130M Company aint bad at all.

Cheap by any measure.