Just bought in . The yield based on current levels is just OK but in my opinion maybe even better.
The outlook looks better with strong order book of $284m Increase in the number of rigs being utilised Improved macro economic outlook Commodity prices on the increase Lockdown restrictions eased. Proven ability to generate strong cash flow, providing returns to shareholders Orexplore demerger just maybe this might contribute something to the financials
and the possibility of an even better divy appeals to me.
DYOR
SWK Price at posting:
31.0¢ Sentiment: Buy Disclosure: Held
