MSV 1.47% 34.5¢ mitchell services limited

Ann: Analyst briefing - 2023 Full Year Results, page-9

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  1. 1,356 Posts.
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    Cheers risk, thanks for the reply.

    There's some stuff I'd like to know regarding inventory which is still comparatively high and rig utilisation isn't what I'd call particularly high.....which goes to the question.....why not sell more of the idle units and keep buying back shares the way they have recently rather than having old rigs collecting rust? Further there's lucrative current and mid term opportunities in thermal coal which they've avoided (for ESR reasons????) but the opportunity is there esp in NSW over the next 1-5 years.

    And yes, I do think BRK (not promoting)...just an acknowledgement) is 'interesting'......Thanks again
 
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