Good increase in revenue, for the 6 months to December 2009 revenue was up 46.6% on the previous corresponding period.
Working capital expenses have decreased, is that due to a slowdown in work in the pipeline, a drawdown in working capital or an improvement in margins?
My presumption is that it is due to a drawdown in working capital. Still, they are in a great cash position even after allowing for the dividend payment.
GOE Price at posting:
13.0¢ Sentiment: Buy Disclosure: Held