An important Item to note, is that Duratec, during their earnings update conference call, guided for contract wins being anticipated by August, noting that contract awards were held up by the Federal Govt elections. With that in mind, I think the graph below is telling, given the open tenders pipeline.

Despite the earnings downgrade for FY2025 due to contact delays, there should be some positive catalysts in the short term:

DISC - HELD.