Hi Jimmy.
Great post.
The revenue drop was crazy huge. But that is offshore oil. I expect we are going to see more of that for a while yet, the bottom of the offshore market may well not be in.
None the less, the result isn't too bad in the sense that the company looks like it is well managed.
My holdings are pretty small, however, as a long term play, should it re enter the 30's, and it looks like it might, I'll likely top up some here and there.
Ann: Half Yearly Report and Accounts, page-3
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