"Ok so yes it's a tough market out there, there may even be some...

"Ok so yes it's a tough market out there, there may even be some more bad news on the work front for the company that they are not letting on, but with their financial prudence at the current point, the company in my eyes will venture back into the black making a solid profit for this financial year. One thing about Macmahon is they have an excellent track record on the mining front, close to the best, safest and more professional contractors in the business and it stands out from the contracts and clients they have. They're appetite for blue chip work sets them asides from the others by a mile. My opinion is there will be a lot of profit to be made with this company this financial year. "

DD now the results are out maybe you'd care to provide an update?

Still holds a position high on my short list