STTrading weekend thread 24th and 25th May 2025, page-31

  1. 11,800 Posts.
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    STTComp PRN FA Long

    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! tongue.png Possibly more of a technical tip than fundamental.
 
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