PRN 0.00% $1.00 perenti limited

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

  1. 271 Posts.
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    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?
 
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