I think even the most optimistic of us could see that in the...

I think even the most optimistic of us could see that in the short term the Qld floods weren't going to be good for WTP - especially the dirt digging division in the mining sector. The huge infrastructure rebuild though will be an enormous work generator & Qld are a pretty parochial mob so expect a lion share of the work going to companies like WTP based in Brisvegas & with Chairmen as connected as Uncle Kev is to Qld Inc. The mining sector will bounce back quickly once water levels subside as world markets are clambering for the resources.
The pull back was not as severe as it initially seemed as we fell from an artificially high level reached yesterday (for some strange reason) & in comparison is only a couple of cents from average levels in recent times.