re: Ann: Watpac wins $165 in contracts secure... Have got to say...

re: Ann: Watpac wins $165 in contracts secure... Have got to say that I am getting extremely frustrated with the performance of the share price for Watpac.

Business keeps winning projects, however it doesn't appear to stop the selling and the downwards spiral in the share price.

Have a substantial amount tied up in the company as I believe it has a extremely positive future with its national expansion on track. Some prestigious jobs being won in other states and the civil team appear to be kicking some goals.

Actually was in Sydney 2 weeks ago and got on the ferry at circular quay to go to manly and looked up and saw a Watpac crane working on building at the quay.

I know the construction industry is off a bit especially in QLD, however with all the projects coming through I would have expected the share performance to be a little better.

Does anybody have any further info that may explain the current share performance??

Cheers