Jdpc35 - where did you get the $1.5m from? my reading of the presentation was that the shut down cost $3m.
I thought the result was very solid given it was comping the very large Olympic Dam project they mentioned and had the shut down costs. Also happy with the full year guidance for $25-27m of EBITDA --- that's ~25% growth over last year and if you add the $3m in shut down costs you start talking >40% growth!! And even more excitin is the company clearly sees a growing pipeline of work.
No idea why anyone sold it after this result -- IMO stock should be at least 25c right now.
Ann: Half Year Report - Investor Presentation, page-3
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