MAH 0.88% 28.3¢ macmahon holdings limited

Under The Radar, page-69

  1. 1,245 Posts.
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    Same sentiment (except I don't feel sorry for the funds!) They're forced sellers and price takers having to sell as per their mandate(s). It's a great company with a solid & credentialed board and a very capable CEO. The turn around from where it was 5 years ago is brilliant. The future looks as good again. The irony is the growth the company has before it will see the share price rise again, the market cap increase to a point that it will enter the ASX300 again & those very funds that were forced to sell now will then be forced to buy as per their mandate. That's the opportunity you have an independent investor. I think you're dead right, this is a real opportunity. I haven't been in it since late 2019 (but I've always kepp an eye on its progress) but I've been buying the last 4 days....it's now 6% portfolio weight for me. Happy days!
 
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