WOR 1.10% $14.41 worley limited

Ann: Media Release - Half Year Results, page-13

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  1. 307 Posts.
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    Good call. With the recent rise in the share price I was expecting a better result, so continued to hold on the premise that there were rumors of a result better than expected. Got that wrong big time. After reading the result quickly I am surprised it fell 12% as results to me weren't too bad. In their summing up WOR state a tight next 12 months and they are preparing themselves ie cost reductions, so my take is that is what the negative reaction is about. Would appreciate any comments.
 
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