I agree with you that MAH is massively undervalued in the case they get the repayment, but I do think that you are a bit too optimistic here.
I suspect they ought to trade at a reasonable discount to tangible book value, considering the state of the industry right now. So while this company can be at least a 3-5 bagger, a Disallowed seems a bit excessive considering the resources downturn.
Also, don't forget that they will probably do around 800Million in revenues this year, and should only go down the coming years if they don't manage to win new contracts considering the slow build-off of the order book.
That aside, the revenue should be in reasonable shape for at least 3 more years I guess.
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Last
22.5¢ |
Change
0.005(2.27%) |
Mkt cap ! $484.8M |
Open | High | Low | Value | Volume |
22.5¢ | 23.5¢ | 21.8¢ | $1.129M | 4.976M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 108900 | 22.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
23.0¢ | 540858 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
2 | 108900 | 0.220 |
5 | 411837 | 0.215 |
10 | 592812 | 0.210 |
3 | 82100 | 0.205 |
7 | 460100 | 0.200 |
Price($) | Vol. | No. |
---|---|---|
0.230 | 540858 | 4 |
0.235 | 22000 | 1 |
0.240 | 350000 | 4 |
0.245 | 309000 | 1 |
0.250 | 669702 | 12 |
Last trade - 15.59pm 28/03/2024 (20 minute delay) ? |
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Last
22.5¢ |
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Change
0.005 ( 1.12 %) |
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Open | High | Low | Volume | ||
22.5¢ | 23.5¢ | 21.5¢ | 3224650 | ||
Last updated 15.45pm 28/03/2024 ? |
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