Shorters have strategies to manipulate SP downwards. Its easier in this climate to create fear. They will eventually disappear.
I think TSE SP will only rise. They have a well balanced expose to the market, mining, govt, civil construction, maintenance engineering etc, in US and Aust. US on a good recovery according to the latest indicators. They can only go up in the 12-24 month period ahead. In the boom they were $15 at one stage. $3 over the next year or so isn't an extraordinary feat for a company like this. I saw the CEO at AMMA conference in Perth during the week, and he presented very well.
They're always winning new contracts, i.e. just last week in NZ $67 mil for road project.
TSE Price at posting:
$1.16 Sentiment: Buy Disclosure: Held
