Not sure who is the bunny here.
Sembawang seems to have missed the point that MAH is keeping $40 million of equipment in selling its construction business to Leighton, so offering only $38 million is not compelling.
Sure, Sembawang may or may not have assumed the contracts/liabilities which Leighton would not purchase. Noone knows, unless and until they do diligence.Nor do we know if they will be profitable.
On what I know now,I will vote in favour of the LEI sale,and I am looking forward to the Xmas Creek announcenment and MAH becoming a dedicated mining contractor.
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Last
31.5¢ |
Change
0.005(1.61%) |
Mkt cap ! $678.8M | |||
| Open | High | Low | Value | Volume |
| 30.0¢ | 31.5¢ | 30.0¢ | $238.4K | 776.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 28901 | 30.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 31.5¢ | 56641 | 1 |
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| Last trade - 16.10pm 02/07/2025 (20 minute delay) ? |
| MAH (ASX) Chart |