The margin calls and stop loss trader are all gone the selling volume is slowed. It is upside from here today close closer to 40 cents.
There was a profit downgrade for the last 6 months. The last six months was during the peak of the downturn in economy. Since then economy have improve miner and explorers are investing and expanding they need more modular homes. Also since the construction cost have gone up and lot of people are building modular homes so the modular homes are capturing more market share. Prevously modular home are general used for construction and mining sites. Now homes and apartment are built using modular homes. In a year time this company will grow and the profit downgrade will just be history.
This is my view DYOR
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