I disagree. They won't/can't make money out of Telfer if the tender price was too low... If they lose the Telfer contract, it will probably be a good thing for the MAH share price.
All contracts have out clauses for the miner....Anglo/IGO will be looking at the performance of MAH and be quite concerned. Their contract is essentially the thing that is propping MAH up. What happens if things get worse at Telfer..... The staff turnover rate at Telfer is massive and this sort of instability normally doesn't result in a profitable operation when margins are already so low or in this case non existant.
I have no interest in this stock but I have a good idea at what's happening at the coal face and this seems like a good deal considering the recent performance of MAH.
- Forums
- ASX - By Stock
- MAH
- Ann: Directors' Statement re Takeover
Ann: Directors' Statement re Takeover, page-9
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add MAH (ASX) to my watchlist
(20min delay)
|
|||||
Last
32.0¢ |
Change
0.005(1.59%) |
Mkt cap ! $689.5M |
Open | High | Low | Value | Volume |
31.5¢ | 32.3¢ | 31.5¢ | $722.2K | 2.264M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
3 | 42222 | 31.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
32.0¢ | 426868 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
3 | 42222 | 0.315 |
4 | 317684 | 0.310 |
1 | 100000 | 0.305 |
7 | 307654 | 0.300 |
3 | 198073 | 0.295 |
Price($) | Vol. | No. |
---|---|---|
0.320 | 426868 | 2 |
0.325 | 75684 | 3 |
0.330 | 264950 | 2 |
0.335 | 24823 | 1 |
0.340 | 94800 | 3 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
Featured News
MAH (ASX) Chart |