More updates won't help – they'll just distract management from focusing on making the company more profitable.
The pipeline is big, especially in offshore wind. The lead time between drilling contractors (like Transocean) winning work and ordering from Matrix can be 6-18 months. And we know that drilling contractors' backlogs are getting bigger.
MCE Price at posting:
27.0¢ Sentiment: None Disclosure: Held
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