The mouse that roared and the giant that fell26 Feb 2025 19:46
Today, the market cap, number of shares in issue, and share price of upstart Rockhopper and that former 100 year old Titan of the energy industry, Wood Group, are almost exactly the same.
With 35,000 professionals, across 60 countries, Wood is one of the world’s leading consulting and engineering companies operating across Energy and Materials markets.
Rockhopper employs a few folk in Salisbury and has some valuable intellectual property and a part of some valuable licences and has more cash in hand than Wood Group!
And some folks say that Mister Market is always right.
Real head scratcher.