I like this :
"The contract value of the successful extension at Martabe and other recent contract awards in
FY23 total approximately $2.5 billion which exceeds Macmahon’s FY23 order book run off. As
a result, the Company is better positioned to strategically pursue low capital intensity
opportunities."
I interpret that as MAH won't be as desperate for contracts and can therefor price them at better margins.
Ann: Macmahon Extends Contract for the Martabe Gold Project, page-4
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Last
29.0¢ |
Change
0.010(3.57%) |
Mkt cap ! $624.9M | |||
| Open | High | Low | Value | Volume |
| 28.0¢ | 29.5¢ | 28.0¢ | $900.0K | 3.133M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 61864 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 18769 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| MAH (ASX) Chart |