trainwreck financials, page-15

Agreed, I think Hastie would have numerous smaller contracts which wouldn't be as susceptible to potential dodgy accounting as larger contracts would be.

Although in saying that, I did see in the December result a large portion of the provisions ($88m) were for estimated losses to completion and non recoverable receivables. Be interesting to know the split between these two and what were they 'completing'?.

I've been watching Hastie lately out of sector interest as I have a holding in NFK. They went through some tough times a while ago but their issues were a little different, more funding related in GFC times. Hastie looks to have bigger issues. Guess we just wait & see.