Just bought in .
The yield based on current levels is just OK but in my opinion maybe even better.
The outlook looks better with strong order book of $284m
Increase in the number of rigs being utilised
Improved macro economic outlook
Commodity prices on the increase
Lockdown restrictions eased.
Proven ability to generate strong cash flow, providing returns to shareholders
Orexplore demerger just maybe this might contribute something to the financials
and the possibility of an even better divy appeals to me.
DYOR
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