MAH 1.56% 31.5¢ macmahon holdings limited

are you going to apply additional shares?, page-17

  1. 1,526 Posts.
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    Gotta love analysts don't ya? Leighton, after undergoing due diligence stumped up millions for its full entitlement in the heavily discounted equity raising, as well as picking up the institutional shortfall bookbuild at 16 cents, that's a price deemed to be well below fair value to entice both institutional and retail investors yet a Morningstar analyst values MAH at 15 cents? Perhaps Leighton's among others should've consulted the Morningstar analyst first? What a hoot!

 
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