Today QGC gave a $136 mill contract to Thiess for upstream work on their project . Was WDS trying to win this contract or might WDS be subcontracted some of the work ? They seem to have a relationship with Theiss .
I was surprised that Thiess is even in the CSG game . Looking at their web site there is no reference to CSG , although plenty of reference to coal and infrastructure .
It makes me think that if Theiss doesn't have a great depth of experience in CSG and seeing how WDS's other divisions (coal mining and infrastructure) are so closely aligned to Theiss (not to mention the personal connections such as a Director and two senior managers) wouldn't WDS be an appropriate takeover target for Theiss? Would Pala buy shares for another organisation such as Theiss/Leighton to help accumulate a significant shareholding anonymously?
Today QGC gave a $136 mill contract to Thiess for upstream work...
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Last
$24.00 |
Change
0.350(1.48%) |
Mkt cap ! $45.56B | |||
| Open | High | Low | Value | Volume |
| $23.74 | $24.03 | $23.71 | $125.4M | 5.243M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 477 | $23.99 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $24.02 | 1177 | 1 |
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| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| WDS (ASX) Chart |