On the face of it the results in mining services are a bit mixed but in the context of expanding work available I think the institutions are focussed on the next few years and assuming they are willing to invest in cyclical stocks like mining services they will see the tailwinds as driving revenue and margins recovering as supply of Mining services capability hits capacity. So I guess we may well see prices being supported well from here even on temporarily lower margins which makes holding a little easier!
On the face of it the results in mining services are a bit mixed...
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$3.89 |
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Mkt cap ! $1.574B | |||
| Open | High | Low | Value | Volume |
| $3.86 | $3.92 | $3.84 | $906.3K | 232.9K |
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| Price($) | Vol. | No. |
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