I'd fully agree that Worley isn't worth $13.50, and I wouldn't invest in it. But I wouldn't be betting against another tilt by DAR when the time is right. They haven't bought in as a long term passive investor, they want to take advantage of the synergies - particularly Worley's work in infrastructure in the Middle East and their Hydrocarbons background. The only question is whether they want to pay more or less than the current share price.
Ann: Investor Day 2017 presentation, page-53
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Last
$13.87 |
Change
0.120(0.87%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $13.75 | $13.87 | $13.62 | $16.71M | 1.213M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 8268 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 4066 | 2 |
View Market Depth
| Last trade - 16.10pm 29/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
