slim.... it seems the market is now taking notice that WDS is in fact a sound company with good management and making good profits. for me it was only a matter of time before the SP moved upwards. this has been my predictions for some years now....:-)
CSG projects were also going to put this company into a good position to make money. They were positioning themselves for the CSG market year’s boom many years.
the question now is...... can they grow further and how long will it last. well they have 1B currently out in tenders and they mention the capex amounts to be spent over the next few years in their report.
IMO yes there is plenty of room for growth and for the next 3 years at least. and i'm not talking about coal either - if only...
WDS Price at posting:
$1.07 Sentiment: LT Buy Disclosure: Held