MAH 2.22% 22.0¢ macmahon holdings limited

What does it all mean

  1. 212 Posts.
    As at 30 June the net assets of the company were assessed at $432 million. As at 31 December 2014 issues with Mongolia had not been resolved and presumably are reflected in the proposed writedown of $125 to 135 million.

    Any recovery in the second half will be a bonus.

    This still leaves net assets of $300 million and given 1261 million shares that is equivalent to about 25 cents per share or 4 times the current share price.

    Obviously there is a disconnect between the current sentiment and the value of the business.
 
watchlist Created with Sketch. Add MAH (ASX) to my watchlist
(20min delay)
Last
22.0¢
Change
-0.01(2.22%)
Mkt cap $474.0M
Open High Low Value Volume
22.0¢ 22.5¢ 22.0¢ $79.06K 358.5K

Buyers (Bids)

No. Vol. Price($)
3 68696 22.0¢
 

Sellers (Offers)

Price($) Vol. No.
22.5¢ 226786 6
Last update - 16.10pm 18/12/2018 (20 minute delay) ?
(live)
Last
22.0¢
  Change
-0.01 ( 0.32 %)
Open High   Low Volume
22.0¢ 22.3¢   22.0¢ 31856
Last updated 15.59pm 18/12/2018 (live) ?
MAH (ASX) Chart
GET SUPPORT arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.