Thread regarding McDermott International Inc. layoffs

Ever wonder what current stock price would be if company had remained public?

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| 2206 views | | 6 replies (last May 2, 2021)
Post ID: @OP+1anAj4an

6 replies (most recent on top)

An injection which they won't get this time.

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Post ID: @3nki+1anAj4an

There won’t be another injection. A quote was used. New owners won’t chase bad money with good money. This company is done. It will lose money on current work it has then close shop. Cbi was a savior for legacy McDermott. Without cbi McDermott would have been long gone by now.

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Post ID: @2pbs+1anAj4an

Moot point. Invalid question. Company could not stay public.....for a reason, period.

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Post ID: @1liz+1anAj4an

ZERO. If you haven’t noticed the company is not doing well, to say the least. Not paying bills vendors rent etc. Waiting for another injection of cash.

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Post ID: @1ggm+1anAj4an

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