Bit of a big one. MC: $1.4B SOI: 929m SP:$1.58 Perenti Ltd - mining services provider
Perenti announced a $1B contract on Thursday. This is for an additional 5 years so is not new but still a significant contract. Financials are solid - not shooting the lights out but steady. The chart looks good with a recent breakout and SP at a 5 year high. Looks like it pays a dividend so I'm thinking I'm on the wrong forum! Possibly more of a technical tip than fundamental.