WOR 0.87% $13.87 worley limited

Ann: Investor presentation - Jacobs ECR and capital raising, page-18

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  1. 932 Posts.
    lightbulb Created with Sketch. 45
    If you want stock, buy it on the market.


    Worley and their underwriters have been very unlucky, in that the reason for the raising was a good one, but they have been slammed by the market and short sellers who are now salivating at a stock overhang with the underwriters.


    There will be a time to buy this cheap. We may be there but there is no rush. It can and may go lower before value pushes it back up.



 
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