My view, while this specific contract itself is not huge, once a supplier is on a project, they effectively become the status quo & the true value of the contract can turn out to be 3 x - 5x or more (ballpark estimates based on anecdotal observations). That said I'm not sure what the order book looks like for this - however it's a large project & all things considered a very promising announcement and IMO I'm rerating the stock accordingly.
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- Ann: Contract to supply Powershore system for Barangaroo Station
Ann: Contract to supply Powershore system for Barangaroo Station, page-5
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$1.07 |
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Open | High | Low | Value | Volume |
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2 | 15092 | 1.060 |
5 | 15480 | 1.050 |
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1 | 7000 | 1.030 |
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