Watpac is an partner of the Centriq Partnership for the Cross River Rail Project in Brisbane. (sub-contractor). https://centriq.com.au/about-us/
Centriq Partnership is on the shortlist of 3 for the Tunnel, Stations and Development (TSD) public-private partnership (PPP) work package that will primarily deliver the underground section of the Cross River Rail project.
Project value is $5.4 billion of the whole Cross River Rail Project.
Not sure what the project value for Watpac would be if the Centriq Partnership was awarded the work package, but likely to be large given the scale of the Project.
Something to keep an eye on...
WTP Price at posting:
71.0¢ Sentiment: Buy Disclosure: Held