Why is downside in Australia? Has the volume of mining actually decreased? If not, there will be call for their services, probably with pressure to reduce prices, but imported alternatives will be more expensive, and they have overseas income so should benefit from lower Aussie dollar.
They are a little different to most other mining services that they are volume driven so an end to capital expenditure or changing of rosters doesn't impact them so much. Their service is not really descretionary. So long as they manage margins and market share, there shouldn't be too much downside.
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