Well done Swick! A fantastic result. EPS has jumped from 1.4c to...

Well done Swick! A fantastic result. EPS has jumped from 1.4c to 4.3c!! Lots of detail showing how gains have been made ccross the board. Company choosing a buyback of 10% of shares on offer rather than increase the dividend. This will further increase the EPS in FY13. Very positive outlook for FY13 with EBITDA forecast to rise about 16%. Total metres drilled in FY12 significantly greater than previous year. Combine this with a jump in margin by 78% and it goes striaght to bottom line. Capex for fy13 larger than i expected but company is clearly confident it can get more rigs into work. Overall a strong result.