RE: serious Money coming from contracts and (£900m)3 Nov 2022 00:24
SP was hovering around the 40p mark when the £26M Saipem contract was awarded, the SP briefly bounced to 55-60p but has been downhill since then. Even the £55M MOD contract in July only managed to bounce this from around 11p to 14p.
The debt facility has been a drag on the SP, there's no doubt about that, but the award of a £1.6Bn contract which H&W would benefit from to the value of £900M with a current Mcap of just TEN MILLION is an absolute game changer for the company