MCE 0.00% 33.0¢ matrix composites & engineering limited

No love but a believer, page-9

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    Drillship day rates are improving significantly – now approaching $500k/day.According to Westwood there are still 15 drillships and 7 semis waiting in various yards to be delivered.

    I assume buoyancy modules are some of the last items to be ordered after rig owners take newbuilds into their fleet. Any views on the timing of such orders?

    https://hotcopper.com.au/data/attachments/5947/5947110-e582d6b35c471e1acc4883710a5ae76e.jpg

 
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