few sellers - good buy for investment?

Would like the views of the more experienced. (After the fact, since I've just bought a few.) Seems to me that they would benefit from any government infrastructure investment, particularly filling gaps from layoffs in other companies plus providing labour for infrastructure development - when it takes off.

The price seems low and even if the dividend halves it is still a good return for the current price. I've read that their debt is comfortable to 2011, which should be more than ample, and I think I read they expect to lower their debt this year. From the chart, the price could go lower (will sell if it goes too much lower) but my feeling is that it is just about at the bottom.

What do people think? Just wondering if this is seen as a good medium term investment?