Agree. The company mentioned before that new work is priced around 30% gross margins.
With offshore oil recovering strongly, and the prospect of significant wind projects, it’s a matter of when, not if they will reach full capacity of around $200m p.a.
There are very few competitors in this space, and barriers of entry are high. I expect profits to be significantly higher in the not-too-distant future.
Agree. The company mentioned before that new work is priced...
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Last
32.0¢ |
Change
-0.005(1.54%) |
Mkt cap ! $70.25M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.0¢ | 32.0¢ | $8.346K | 25.67K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 26100 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 34.0¢ | 5652 | 2 |
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| Last trade - 13.56pm 06/06/2024 (20 minute delay) ? |
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Last
32.0¢ |
Change
-0.005 ( 2.56 %) |
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| Open | High | Low | Volume | ||
| 31.5¢ | 32.0¢ | 31.5¢ | 9330 | ||
| Last updated 13.56pm 06/06/2024 ? | |||||
| MCE (ASX) Chart |