buying construction off MAH makes sense as LEI has bigger expertise in this area...it would be a win-win for both companies IMO
but then again if they [LEI] were contemplating to buy MAH construction they surely must consider taking over the whole lot...makes more sense
just speculating at this stage and playing with possible scenarios
the Christmas Creek contract is a game-changer for a company such as MAH - i'm not surprised they want to concentrate on this even if it means a one-off placement to instos to fund the working capital--->contracts such as this one [CC] would re-establish the company in the "big league" and if they deliver the project on time/budget [risk carried by MAH] they will become a major player in the mining industry again
it's a great bold move and i hope it works for them
macmahon to sell off construction to leighton, page-8
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33.0¢ |
Change
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Mkt cap ! $711.1M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 34.5¢ | 31.5¢ | $1.704M | 5.161M |
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| No. | Vol. | Price($) |
|---|---|---|
| 1 | 11201 | 32.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 350559 | 3 |
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