RE: Is it really 30p?4 Nov 2025 17:46
How many times do I have to keep saying there are many reason why 30p is history with a new BOD, debt extension facility and Wood Group in prime position to be the worlds biggest engineering firm
Plenty of reasons it will open higher than 30p next week
(1) if the shares are trading again, there will be no uncertainty around further suspension and no forced selling in anticipation of suspension
(2) accounts have now been published, and they are nowhere near as bad and damaging as expected
(3) over 3,000,000,000 pounds worth of new contract been announced since suspension
(4) the debt ceiling has now been increased and wood group have got plenty of time to Transform the company around
(5) sidera deal is dead
(6) NEW Board of Directors
(7) shorts closing as lots of shorts have bet on WG never being re listed
(8) petrofac contacts coming WG way
(9) disposals being met adding to cash flow