Ann: Watpac Preferred Contractor for $257M Ryde Garden Contract, page-4

Last time WTP was 94c was over a year ago, back in sept 2014.

The share buy-back still has ages to go, which provides a nice support for the price.

Hard to value WTP: the NTA is $1.29 I think. The share price is about the same as their cash backing.

Their major shareholder, a major overseas construction company, owns more than 19.9% on creep provisions. Why don't they just take WTP over for a nice premium? i won't complain.