It's all a bit of guess work I'm afraid. As far as margins, I...

It's all a bit of guess work I'm afraid. As far as margins, I can only assume they'd aim for normal business margins (~15-25%). Given that they've been very picky (i.e. no contracts rather than bad contracts), I don't think they're getting into this residential construction purely to keep workers occupied (although that's not a terrible idea in a downturn).

I was lucky enough to do quite well around the previous annual results (6-7 months ago). Bought in mid-2s and sold in a few batches betwee 3.5 and 4.5 since it went out of a price range I could really justify (despite the excitement of watch the increase!). But I kept it on my radar, especially when it went back under 3. I anticipated a poor looking 6-monthly (relative to previous revenue and npat figures), but personally thought the figures were pretty good for a cashed up company riding a downturn, so decided to jump back in