To all those holders of MAH
If indeed Leighton wished to increase its stake in MAH. why would they bother to inform the market prior to the MOU expiring.
As seen in earlier threads, speculating will drive the share price up because of the announcement. I believe Leighton is informing the market, as they intend to divest their shareholding in MAH
It does not make sense to let "the cat out of the bag", and show their hand, if they had any intentions on increasing the share holding in MAH. They would swoop in at an opportune moment and purchase before the market realised it. To show your hand to everyone, does not make sense
As alwayt this is only my view and should not be taken as investment advice
why let "the cat out of the bag"
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Last
28.5¢ |
Change
-0.005(1.72%) |
Mkt cap ! $614.1M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.0¢ | 28.3¢ | $924.3K | 3.205M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 29997 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 16/08/2024 (20 minute delay) ? |
| MAH (ASX) Chart |