I am not sure that I agree with this sentiment given that they have a number of good Contracts, a number of competent people in place and that WDS have a significant fleet of equipment both in the pipeline and mining sector. The present market cap presents to my mind a great opportunity under a new focused management team.
In my opinion the present Board and senior management are too interested in what they can take out of the organisation and appear unable to provide the direction required to save this organisation.
WDS Price at posting:
28.0¢ Sentiment: Hold Disclosure: Held