so much for the recovery, page-21

The shorters may have it right if the company was loaded with debt. It is not and a few more property sales and a buy back is on the cards not to mention Besix will probably keep buying up to 20%.

Competitors who are loaded with debt are falling over everywhere so while margins are tight this helps get rid of the weak hands and margins will return to the strong hands over time.

To its credit WTP is ahead of the game (compared to others) with restructuring its core operations which started a year ago.