News: WOR Worleyparsons clarifies on news article; says no equity raising plans, page-64

Guys contrast this to UGL. It went through pain like this the last two years but now it's back with a much stronger business. Also I think it's great that revenue is only down 5 percent vs ly . Shows how stable revenues are for businesses like this.... Where you sign multi year contracts and multi year order books etc. also they booked 31m in redundancy costs. The benefits of this will flow through to this financial year! They don't need to do a CR. Gearing is at 30% and they are sitting on significant cash! I am happy to look through this noise and put these shares back in my bottem drawer! To me oil will eventually gap back up once the Saudis stop playing their games. When it does and sentiments change....then WOR will likely be worth multiples of its current price