yes just spoke to the investor relations guy and he confirms that it is a "routine type thing" and for the reason you mention ie it is taking longer than is allowed
I don't think we have got much to worry about
just went over the financials and looked at the actual business
the company should be able to grow earnings going forward
the history of earnings going back five years indicates growth in the vicinity of 18%
they should be able to reproduce at least 15% next year
some good fundamental underpin that view
governments around the world are spending on infrastructure big time to kick start their economies here in Oz we have the broadband network about to built
All these companies require engineers and tse has some of the best around
so I'd say they will be winning a lot of contracts down the track
we may even see the company increase earnings next year
TSE Price at posting:
$2.38 Sentiment: None Disclosure: Held