OB:DOFGEnergy Services
A Look At DOF Group’s (OB:DOFG) Valuation After Its New Statnett Subsea Power Cable Contract
DOF Group (OB:DOFG) drew fresh investor attention after reporting a substantial contract from Statnett, valued between US$25 million and US$50 million, to replace high voltage subsea power cables across Ofotfjorden in northern Norway.
See our latest analysis for DOF Group.
The Statnett contract lands at a time when momentum in DOF Group’s shares has been strong, with a 30 day share price return of 14.74% contributing to a 46.77% year to date share price gain and a 96.37% 1 year total...