MAH 0.00% 22.0¢ macmahon holdings limited

Not missing these guys, not crying a tear for today's announcement

  1. 173 Posts.
    lightbulb Created with Sketch. 66
    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 smile.png

 
watchlist Created with Sketch. Add MAH (ASX) to my watchlist
(20min delay)
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) ?
(live)
Last
21.5¢
  Change
0.000 ( 2.27 %)
Open High Low Volume
22.0¢ 22.0¢ 20.5¢ 807573
Last updated 15.49pm 26/02/2021 (live) ?
MAH (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.