News: EHL Emeco Holdings says fy net loss A$180.5 mln, page-21

Emeco did say they were not going to continue any of the orionstone or Andy's mining or civil contracts they had. So makes sense they pulled out of the Andy's mining contract at cudeco. Not sure why Emeco doesn't tell the market this though. It is a fairly material contract they bought when they bought Andy's. Also word was NRW had contract initially so why did cudeco just award back to Andy's new company without going back to market. Also why doesn't emeco rent the equipment to Andy ? All seems very strange and as I like to say "doesn't add up" which is usually code for there is a "oh crap" moment coming that we don't know about.