wall at 44 cents - a theory, page-13

Just related to my comments above re. work in hand..I thought their comment on short term work in their report was worth noting...divs came the other day, nice little bonus to go with the CG.

"At the beginning of FY10, VDM Group had secured firm orders for $200 million of work. By the end of FY10 we had earned some $520 million of revenue and have an order book of $300 million. Much of the revenue VDM Group earns is in the nature of many short term assignments, which are not included in secured firm orders. Many projects also grow in scope, further adding to revenue."