NMS - just a word to all you traders - NMS traditionally have released contracts, only for the SP to then fall, hence the price driven up prior to announcement.
on this occasion however, considering we have come from such a low point, and how any large contract might effect FY11 earnings, anything is possible.
as per the recent ann's & audio, tenders results are due very soon for gorgon work & qatar, and possibly north sea. anything worth announcing in these areas will be substantial ie $25m+ contract. if it primarily involves nepsys or surveying, the margins are excellent...eg 50%.
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- daytrades june 21 afternoon
daytrades june 21 afternoon, page-94
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