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GCS’s timing could’ve been better

Sarah Thompson and Anthony Macdonald
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There would have been some terse words between Global Construction Services boss Enzo Gullotti and his adviser Bell Potter Securities on Friday.

GCS shares dropped 25.5 per cent on Friday after the Perth-based company reported a shrinking cash balance, current liabilities in excess of current assets and cut its dividend.

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Original URL: https://www.afr.com/companies/infrastructure/gcs-s-timing-could-ve-been-better-20120904-ixxhf