I keep repeating myself but in the contracting game at the moment there is such little work and many operators :they are all fighting over any jobs.
The cheapest usually wins.
I havent read anywhere yet what the profit margins will be on these contracts that companies like MAH have won.
I reckon they might even be just covering costs.
Cap raising to keep wolves at bay?
trading halt, page-28
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29.0¢ |
Change
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Mkt cap ! $624.9M | |||
| Open | High | Low | Value | Volume |
| 29.0¢ | 29.0¢ | 28.5¢ | $408.8K | 1.416M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 19050 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 102222 | 2 |
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