If they are going to cut overheads by a further $180m, it can only come from further redundancies and breaking leases ... which will come at a price - both in terms of money and capability.
With regards to their 30% gearing ratio, I would be very careful comparing it to the oil producers. The Worley balance sheet has $1.8b in goodwill ...
If they are going to cut overheads by a further $180m, it can...
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Last
$14.41 |
Change
-0.080(0.55%) |
Mkt cap ! $7.601B | |||
| Open | High | Low | Value | Volume |
| $14.51 | $14.60 | $14.41 | $25.34M | 1.751M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 4685 | $14.40 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $14.46 | 4935 | 3 |
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| Last trade - 16.10pm 22/08/2024 (20 minute delay) ? |
| WOR (ASX) Chart |