Just the EI portion of the 7 LNG projects is worth 7Billion over next 3 yrs. Obviously the work will be keenly contested but SXE has recent wk experience in exactly this field. Today's 50m win vindicates their confidence. Let's suppose they can gain only 10% of the contracts. That's still $700m. Not bad for a small-cap. Current order book, margins etc certainly justify current SP. If one is seeking a big capital gain it requires buyer/holder to have faith SXE is good enough to win more LNG work. i reckon they can do it. Another couple of 50m contracts and $1.40 will be beckoning.
Just the EI portion of the 7 LNG projects is worth 7Billion over...
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Last
$1.51 |
Change
0.055(3.79%) |
Mkt cap ! $506.8M | |||
| Open | High | Low | Value | Volume |
| $1.44 | $1.52 | $1.44 | $1.522M | 1.021M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 600 | $1.50 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.51 | 1000 | 1 |
View Market Depth
| Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
| SXE (ASX) Chart |
