Agree newB, Actually think the chart is starting to look quite...

Agree newB,

Actually think the chart is starting to look quite positive. Bad news already been factored in to the price.

"As a consequence MACA advises that its full year revenue guidance for the 2015 financial year will
change from in excess of $650 million to approximately $620 million. MACA work in hand remains in a
strong position at $1.4 billion.
Whilst this lower revenue expectation will impact on the earnings outlook, MACA anticipates that net
profit after tax for the 2015 financial year will exceed that which was achieved in FY2014."

I view the above statement positive not negative. $30mill (which is really $21mill taking the Doray contract into account) from $650mill is only around 3%, not alot really. Have been looking to get into this, but waiting for right time, so was happy for over reaction and bought in.

A gap up on tuesday with white candle will be very bullish. A break past $1.00 will really excite me.

White-Shadow
Dyor/Imo