Very frustrating watching a well run company like WTP sink ever lower. Their order book still seems to be fullish and they are normally very competitive in tendering so I still have high hopes going forward.
Now that they are Australia wide maybe they should take the opportunity to streamline their corporate structures. This would seem logical given they are a more nationally focussed business rather than QLD dominated bundle of state based independent business units. This would reduce overheads & provide uniformity of performance.
WTP Price at posting:
86.0¢ Sentiment: ST Buy Disclosure: Held
