if Nathan is using the same playbook it’s about ebitda and it’s multiple ar the point of sale.. if those idle rigs become more profitable , in terms of earning capacity a bit down the track , best not tie them up in the short term on marginal projects. It’s only the utilisation number that you could query. The rest of the numbers are generally trending in the right direction. Quarterly numbers jump around a bit . Contracts end. Resources have to be redirected. The ramp up.Manage the contract. Manage the client. Dividend arrived safely into my account in September. The numbers suggest we can expect a similar dividend in the new year.
MSV Price at posting:
36.0¢ Sentiment: Buy Disclosure: Held
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