investor987654,
"Increased in working capital as a result of delayed payment from some customers. These payments are expected to be received within the next 6 months and will increase the cash balance of MAH."
Working on small margins, I imagine contractors like MAH doing work for others would insist on payment in numbers of stages. Anyone know hom much UOIs are held by MAH? Who owes them money and what state are the compaies in who owe?
Would think that with all the infrastructure projects planned by the Fed Govt., Engineering firms would be in a good position to weather the recession.
trading halt, page-19
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Last
32.0¢ |
Change
-0.010(3.03%) |
Mkt cap ! $689.5M | |||
| Open | High | Low | Value | Volume |
| 32.5¢ | 32.5¢ | 32.0¢ | $393.3K | 1.219M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 31394 | 32.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 32.5¢ | 310000 | 4 |
View Market Depth
| Last trade - 16.10pm 06/09/2024 (20 minute delay) ? |
| MAH (ASX) Chart |