Awarded a huge contract and share price drops 2% Don't even need...

  1. 553 Posts.
    lightbulb Created with Sketch. 151
    Awarded a huge contract and share price drops 2% Don't even need to invest more capital to execute this next phase of earnings. Around $850M of new contracts added in the last 6 months and that doesn't include all the extra added by the inclusion of DDH1.
    leverage significantly lower.
    Big buy back in operation
    profits up.

    what industry other than mining services rewards a big contract gain with a drop in share price?
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$1.76
Change
-0.030(1.68%)
Mkt cap ! $1.629B
Open High Low Value Volume
$1.78 $1.79 $1.75 $2.106M 1.198M

Buyers (Bids)

No. Vol. Price($)
1 10000 $1.75
 

Sellers (Offers)

Price($) Vol. No.
$1.77 4646 4
View Market Depth
Last trade - 16.10pm 31/07/2025 (20 minute delay) ?
PRN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.