Coffey's income is heavily rely on the mining sector and will be hitting hard. They should be diverted into general engineering sector via merging. Other infrastructure and general engineering firms likes Cardno (CDD) is still doing ok.
The share price could overshoot and may test the low 10c if the 15 May market update still not improve. By then it may be taken privately.. Good luck holders.
Coffey's income is heavily rely on the mining sector and will be...
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