They are a $100m market cap company and the first set of numbers back in the black and they are already dishing most of it out. Mining services is a tough game, (just look at what they've been through + others the last few years) especially being one of the little guys. What's so bad about having a little in the warchest. When something goes wrong it gives you options and time to deal with it, instead of being forced into some company diluting issue.
Its not company breaking/making but I'd rather see debt paid down until they are making a consistent profit.
WDS Price at posting:
74.0¢ Sentiment: LT Buy Disclosure: Held
