Awarded a huge contract and share price drops 2% Don't even need to invest more capital to execute this next phase of earnings. Around $850M of new contracts added in the last 6 months and that doesn't include all the extra added by the inclusion of DDH1.
leverage significantly lower.
Big buy back in operation
profits up.
what industry other than mining services rewards a big contract gain with a drop in share price?
News: PRN Perenti Says Barminco Awarded A$450 Mln, Three-Year Mining Contract Extension At Sunrise..., page-2
-
- There are more pages in this discussion • 7 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add PRN (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
98.5¢ |
Change
0.025(2.60%) |
Mkt cap ! $923.8M | |||
| Open | High | Low | Value | Volume |
| 97.0¢ | $1.00 | 96.8¢ | $3.228M | 3.264M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 67614 | 97.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 99.0¢ | 24690 | 2 |
View Market Depth
| Last trade - 16.10pm 17/07/2024 (20 minute delay) ? |
| PRN (ASX) Chart |