Ann: Watpac Preferred Contractor for $257M Ryde Garden Contract, page-5

someone (s) gobbled up the big share parcel sitting there at 95c. Closed at 96.5c

Looking interesting. Highest price in last two years has been $1.06. Just 10% away. May get stuck around $1.

It is a compelling story. Watpac won the best building build in the world this year - -or something. The other good news is that the overseas construction company that is their big shareholder and possible acquirer is a major European company and they have two board seats(?) and presumably give WTP management excellent construction advice.

Odd for a well-established quality company like this to trade at cash backing.