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1.79%

28.5¢ macmahon holdings limited

Ann: Appendix 3Y - Denise McComish, page-12

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253 Posts.

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21/03/22

16:18

Post #: 60322578
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Originally posted by Rampaul: ↑

Haha, I wish! I am pretty happy with company performance. Share price I'm agnostic about, I'm comfortable to accumulate more at 17 cents or lower, feeling confident this is worth more than NTA per share and that one day it will get there over my time horizon (3 years), while NTA/share is steadily growing.

Of course would love to go to 30 cents tomorrow and sell out, but if it wasn't low then and I wouldn't buy then couldn't make profit later. I would be more depressed if there weren't good companies trading at reasonable prices and right now happy many of the ones I own/ed are trading close or above my fair value.

FWIW I've asked the same question you have about the poor share price to a few investors across forums and of course investor relations. No one points to fundamentals (aside from margin squeeze, which as mentioned previously I believe is transitory) and instead best explanation I think seems to be largely about sentiment and market favouring companies returning cash to shareholders over reinvesting. It may be good for share price in short term, but would be nuts over long term.

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Entertaining the idea of tendering for lithium wouldn’t go astray in boosting the SP.

MAH Price at posting: 17.5¢ Sentiment: None Disclosure: Held
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(20min delay)
Last 28.5¢		Change 0.005(1.79%)		Mkt cap ! $603.3M

Open	High	Low	Value	Volume
28.0¢	28.5¢	27.5¢	$125.1K	440.3K

Buyers (Bids)

No.	Vol.	Price($)
11	181744	28.0¢

Sellers (Offers)

Price($)	Vol.	No.
28.5¢	281783	16

View Market Depth

No.	Vol.	Price($)
10	177235	0.280
8	162362	0.275
8	296671	0.270
6	194200	0.265
9	260772	0.260

Price($)	Vol.	No.
0.285	281797	16
0.290	338508	14
0.295	700781	14
0.300	1518984	22
0.305	605532	5

Last trade - 13.25pm 31/07/2024 (20 minute delay)

MAH (ASX) Chart