Ann: Investor Day December 2021, page-44

A lot to like about WOR's technical perspective.

• 7 touches on the downward trendline before breaking above and retesting the 12 month MA (orange).
• Broken above the 36 month MA (aqua) this month and a close will add to the bull thesis.
• Last 5 weeks have tested and closed above $11.55 and consolidating.
• 48 month converges with the 50% price range Sept '18 - mar '20 @12.33, so fair place for resistance. Also 200MA on the weekly not shown. A solid close above old top June '21 at ~$12.60 will be a strong technical signal given its broken its major trendline and price sentiment has confirmed a change to the upside.

From a fundamental perspective, the paradigm energy shift means significant capital investment will be made into retrofitting / engineering / services. We seemed well placed strategically to take advantage, with a solid strategy, strong board, balance sheet and commercial / political relationships.