You may be right but the 6.5Bn Hughes deal was a merger/TO of 2 giant drillers. They own an immense amount of machinery and can rev up drilling anytime they are required although i expect they'll have a long wait. WOR design, manage construction of (via contractors) and commission huge hydrocarbon projects eg off shore platforms, oil refineries, fert/chemical factories etc. Capex on this mega projects has stalled and it will take a big leap in commodity prices and esp oil to get anything new signed off. Only machinery WOR own are computers. Their goodwill/non tangible assets is 90% of their mkt cap!
You may be right but the 6.5Bn Hughes deal was a merger/TO of 2...
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Last
$13.86 |
Change
-0.120(0.86%) |
Mkt cap ! $7.649B | |||
| Open | High | Low | Value | Volume |
| $14.11 | $14.16 | $13.86 | $12.08M | 868.4K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 13996 | $13.86 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.87 | 2900 | 1 |
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| Last trade - 16.10pm 27/11/2024 (20 minute delay) ? |
| WOR (ASX) Chart |
