WTP 0.00% 91.0¢ watpac limited


  1. 296 Posts.
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    The meeting went well, as always the Chairman did a great presentation & Greg Kempton assisted leaving all in attendence happy with the prospects going forward. Naturally everyone is not happy with the decline in the share price, but that could be said for any shareholder in any company in the current climate. We at least have a great management and executive team taking care of business. It was noted that Chairman Seymour with 25m shares has plenty of 'skin in the game' & is very aware of the share price performance. I guess all our interests are aligned which is very reassuring. In my opinion, these are cheap given the client base, forward order book, geographic spread & sector spread. They obviously have huge expectations as to the benefits that will flow from the new mining related business recently purchased. Greg Kempton for one, spoke of growing it enormously in the short to medium term.
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