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My comment was reply to:

Huzaifah1
petrofac must have something behind the scenes that they haven’t announced. Maybe the new ceo will announce it

I also had this thought, and I am sure I speak to many when I say this, but PFC management and board need to keep consistent dialogue with investors. What we need is just small updates to say, perhaps... "we are still working on X amount of pipeline deals, and therefore, Y is likely to be by this date and Z is when we will do this".

This is not rocket science information, it's simply about keeping good open communication with investors. An update could simply say "We do not have any further update on deals/ contracts, but we are aware that Q1 2023 was mentioned - we are working to get things in place asap, please bear with us".

What is so hard in saying something like that. The price is worth buying for sure.

Hi, I am new here but been with PFC for some time now (I am LTH).

Yes, GLG took a big profit on 15 March 2023 though, and they were open from £1.13 if I recall. Astaris also took profits throughout March 2023. Does this mean these shorters will start to come off short positions?

I am very keen to hear good comments with analysis to make sense of current SP situation please from anyone with stock analysis views. Where is the bottom for this stock etc?