KVAEF is a Norwegian energy services firm with a backlog of 1.3B and a MC of 453mn
Aside from oil and gas market challenges, KVAEF equity has been discounted for a work order change on a windfarm with RWE. 86mn is the maximum loss in this arbitration and KVAEF has already set aside 31mn
If you believe the market has more than discounted the impact of this case on KVAEF, the stock might be worth a stink bid for some shares.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.