sathyath... we all worry. Earnings in FY13 look likely to improve over FY12. But i can see better value in other stks who offer higher growth, low debt, goodish divs and are in a sector with good macro. RQL has very conservative gearing and is slowly gaining new contracts. Seems mines are delaying expansion plans even more than i anticipated and until that changes i am happy to exit anything above 50c. How long SP will take to reach it is anyone's guess.
Ann: ACTIVITY UPDATE SENT TO SHAREHOLDERS , page-6
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