So CIMIC came out with a writedown today. I recall the days where they launched a $0.145 cents per share offer for MAH and were so arrogant their first bid was best and final.
Well that did not go well for them, today they announce a 1.8 Billion writedown and the shareholders proceeded to write down the share price by 19.44% Ouch.
https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02194873
Continue to hold this one as I am hoping the upside from the Indonesian relationship will accelerate this year.
Maybe the BoD should call Michael Wright at CIM and lob a low ball offer in for some of his assets
Not missing these guys, not crying a tear for today's announcement
Add MAH (ASX) to my watchlist
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Last
22.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $474.0M | |||
| Open | High | Low | Value | Volume |
| 22.5¢ | 22.5¢ | 20.5¢ | $1.318M | 6.194M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 104542 | 22.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 22.5¢ | 202496 | 1 |
View Market Depth
| Last trade - 16.10pm 26/02/2021 (20 minute delay) ? |
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Last
21.5¢ |
Change
0.000 ( 2.27 %) |
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| Open | High | Low | Volume | ||
| 22.0¢ | 22.0¢ | 20.5¢ | 807573 | ||
| Last updated 15.49pm 26/02/2021 (live) ? | |||||
| MAH (ASX) Chart |