Restructuring the contract with Capital Drilling in Africa is consistent with the strategy to build a strong, sustainable business. We expect FY20 to be another eventful year as SGI continues to build its brand, particularly internationally. We expect the contract reset and the ongoing investment in people and marketing to support growth will impact near term earnings, and have made FY20 adjustments accordingly. However, our positive view on the medium term prospects if the Company successfully executes its growth ambitions, together with a maintained $0.20 blended valuation, supports our SPEC BUY call.
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