On October 12th the sp was about 95p. It's now 115p >>4 Nov 2022 00:52
I'm in fairly heavily here to be honest.
However the reason is the potential is masssive........... we are talking a 6 to 8 fold sp increase potentially. No joke.
After the bribary scandall a few years back it has taken about a year to date longer than I thought for this Company to get even reasonably back on track. Note I got in after all that thinking things would turn round in a few months..... Wrong!
But this Companty has managed £100m plus contracts for oil & Gas Co's in the past.
What is even better is Oil, Gas and Wind power are desperately being sought after by Western Co's so they can move away from dependancy on Russia as we all know. So there is/will be a huge uplift in the market for the sort of work PFC do. Obvious. They should get the big contracts as IMHO there will be a lack of Companies who do what PFC do. Soon.
All IMHO.