WOR 0.87% $13.87 worley limited

Worst broking call ever?, page-4

  1. 71 Posts.
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    Possibly not the worst ever but certainly pretty poor, considering they were a sell right through an approx 400% increase in share price over a 22 month period roughly. Now they have set a target price that seems at odds with TA but this is an oil play and if they think the price of oil will fall then that might be reasonable. Personally I don't think it will, I think the recent acquisition was a good buy and I think the worse period is now behind WOR and that there will be more industry capex and more revenue generating potential for WOR going forward. Time as always will make us appear smart or foolish but happy holding this regardless of the MS target.
 
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