More cash than debt, the company is flush with cash so I think a buy back will be announced leading up to the AGM.
The major shareholder must be seriously looking at a takeover offer. This business is all about profit margins and competition, most business is but particularly construction.
The cycle is at bottom, buy time but only buy companies with a strong balance sheet and competent management.
WTP Price at posting:
51.5¢ Sentiment: Buy Disclosure: Held