This is an excellent outcome and should see the share price heading up to the $2 range in due course. Dilution is off the cards and debt reduction is under-way from cashflow - good stuff.
The Gov't budget is also favourable to the company in that they will benefit from the major infrastructure projects announced.
I would just like to bid a fond farewell to our short selling friends and wish them the best of bad luck in some other stock.
DYOR
TSE Price at posting:
$1.14 Sentiment: Buy Disclosure: Held