RE: The RNS not showing on here23 Jun 2020 18:07
Pilgrim1 - Well would have expected to see a dramatic rise and hold for today based on recent RNS news and spikes in share.
Would love to know the true value of the contract, then we'd have a better understanding of the TP. Must say a little disappointing that we couldn't even finish on a 30% increase today, sure there is scope tomorrow and the rest of the week for constant increase nearer to the 30 figure, although that's another 30% away.
M/C needs to realistically be 100M, currently around 80M. The key is the value of this order.. if anyone know's what sort of figure an order like this will generate please do share. "The procurement, fabrication and delivery of 30 WTGs Substructures, including the jackets, transition pieces and suction caissons."
I guess all we can do is wait and see what the rest of the week holds, just seen this stock rise to well and to fast and then drop back down in a blink.. Put in this way, was previously up 230% on the last RNS and now sitting on 158% after the contract is actually signed!