Bullish Sign? - Bounced off 200 EMA, page-1819

seems to me it must be already built in to the price as, price-wise, we are sitting where we were last October when the annual results were released ....
Since then :
Dalgaranga - $350 million
Marandoo -$37 million
vs
Delays with airport tunnelling ( though they are getting on with other work for that contract) (NRW share $240 million?)
Uncertainty about Baralaba North (potential $350 million)
Some current contracts won by other companies ( value i don’t know )
Global market uncertainty.
vs
rapid paying down debt
Management saying Golding is going as well or better than expected (original estimates :60% earnings accretive)
new manager and team with focus on new projects.


.....plus all the other stuff...
based on all that I think we’re doing OK ....even without Baralaba.
but the market runs like lemmings at a cliff when there is global anxiety and fear of The Big Crash’

if they announce they did NOT get Baralaba on the day after bad news from America there might be some amazing opportunities?

cheers