Don't forget there is an update due on 1/6. Anyone want to predict the outcome?
Here's mine:
Further blowouts in current project (ictheys?) and/or legal action. Update will then discuss positives such as current contract book, current and future tender opportunities etc.
New CEO will then push his direction for the company, which hopefully puts an end to the Lupen era for this business.
Market will react to the bad news price drops back under $2 and then slowly rebounds again?
UGL Price at posting:
$2.43 Sentiment: None Disclosure: Held
