Hard to believe the company once worth close to $600mil at its peak in 2007...
I wonder how long can it stay around $100m enterprise before being taken over by Cardno or WorleyParson ?.
The $61mil debt is a set back. $40mil in corp bond, and $21mil in bank debt is manageable. Management seems to manage it well, reducing the debts from $121 mil since 2012 on operational cash flow...
12 months contracted revenue at $206mil is healthy in the current resources down turn conditions ...
Whoever selling atm could just simple dump their stock to get over and done with.. I hate drift feeding...