RE: 62p18 Aug 2021 21:33
The awful contracts are hopefully pretty much history, they'll take the hit and move on. They appear to be cash rich and have contracts awarded which are viewable on bidstats website. Moreover, they are hopefully due a re-rate by the market. The best bit, imho, is that they are now reportedly actively reviewing contracts on a monthly basis, as indicated on the COST.L BB on advfn, with a view to ditch crappy contracts and source better ones. So, I am hoping for a decent re-rate in the sp with confirmation of what I have noted as my hopeful view above, although I have no idea how much re-rate may result. DYOR.