"Investors continued to buy back into small-cap contractor Neptune Marine
Services on Monday, adding more than 3 percent to the stock after the
company announced a contract win. Neptune's shares hit 48c - a more than
six-month high- as its specialist fabrication business unit, Link Weld
Engineering, was awarded a $10 million contract by Acergy Australia for the
fabrication of subsea tie-in spools for Woodside Petroleum's Pluto Liquefied
natural gas project in Western Australia. This comes a week after Neptune
announced $45 million of repair contracts, covering the North-West shelf,
Timor Sea, Gulf of Mexico and Indonesia. Neptune has gained 56 per cent
value since March 3. Four brokers have a "buy" recommendation and there is
one "hold" recommendation on the stock. Patersons Securities has a "buy"
recommendation with a 62c target"
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