Sorry Kenneth - only just logged back in now. I really don't think I have any wisdom to offer, other than that the floods will soon be in the cooper basin - in about three months or four. Not sure if that will just slow things down or cost money.
Also can Easternwell get extra work stemming from the flood to make up for what they lose?
I think there'll be a minor overhang with retail investors about to get new shares for a while.
TSE Price at posting:
$3.23 Sentiment: ST Sell Disclosure: Held