Back in 2009 MAH price was 33 cents. It was during the worst financial crisis and the collapse of large financial institutions, where everyone thought the world was going to end. The stock recovered to 86 cents recently.
Fast forward to today, the company announce a profit downgrade to $20~$40 million and the stock decline immediately back to 33 cents??? You got to be kidding me!!
Its not that the company is going to collapse or running a loss. Very undervalued in my opinion.
very undervalued
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Last
28.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $614.1M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 28.0¢ | $1.718M | 6.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2608 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 324264 | 9 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MAH (ASX) Chart |