Seems to only be you and the directors buying and best of luck to all four of you as I reckon this will stay a dog for a fair while yet. It seems the only thing that gets mentioned by ESW at the moment is Whelans who were always a strong group on their own. Whelans was a good acquisition but ESW can't rely on the profit of that small group to pay off the acquisition cost in a hurry. I have heard ESW's infrastructure group has suffered due to key staff resignations which is resulting in a couple of their bigger land development projects being taken off them.
Unless something drastically changes I cant see it getting back to the original 20c share price for a long time.
ESW Price at posting:
23.5¢ Sentiment: Sell Disclosure: Not Held
