That should have been "So if work on hand is the same as orders we have added $25 million to $45 million." Thus we would have done only $10 million work in two months. However, if "preferred contractor extensions" are included in work in hand we have added the new $25 million in orders to $65 million at 31 October and done $30 million in work in 2 months to get back to work in hand of $60 million at the end of 2018. The latter is hard to believe in the run up to Xmas. This is just unnecessarily confusing. No wonder the market ignores it.
VMX Price at posting:
26.0¢ Sentiment: None Disclosure: Held