MAH 1.33% 38.0¢ macmahon holdings limited

not as bad as some think, page-23

  1. DSD
    15,809 Posts.
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    well for those who bought 30c in the open they could have sold a couple of mins ago for 10% profit!! My main foundation for topping-up at today's open was because MAH has a long successful record of building roads for various Aussie govts. By far the biggest part of the 24Billion spend announced on weekend is..... you guessed it.... roads! I expected far more rail work but it seems Rudd likes roads. Without doubt MAH (either alone or a JV with LEI) will win work from the accelerated spending-spree from Feds. We all pay tax....... so why not invest in a firm that can derive cash from the taxes our govt spends. Road building is skyrocketing with Rudd. Very few other sectors are. Pity there will be fewer cars to drive on all these brand new roads.
 
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Last
38.0¢
Change
0.005(1.33%)
Mkt cap ! $818.8M
Open High Low Value Volume
37.5¢ 39.3¢ 37.5¢ $746.4K 1.949M

Buyers (Bids)

No. Vol. Price($)
18 147746 37.5¢
 

Sellers (Offers)

Price($) Vol. No.
38.5¢ 229474 13
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