I like where you're going with it, but they need to execute the 12 rigs first and ensure operational forecasts are realized. Plenty to like here, will return value to smart people who are getting in now. Board and management look tier 1, like their clients with plenty of skin in the company. Can see this in 5yrs will returning a nice dividend.
I think they will focus on capital growth for a while, which makes sense and probably already targeted companies that will be ripe for bolt on complimentary through acquisitions. I sense these opportunities will come through quality execution with the big customers who will ask them for additional services. Happy to hold this one, in just over a year what they have achieved is really encouraging.
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