MAH 0.00% 28.0¢ macmahon holdings limited

Ann: Macmahon Participates in Calidus Resources Capital Raising, page-7

  1. 11,114 Posts.
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    MAH has no recognised competence as an investor. They gave up all of that cash for a positions where they get treated worse that the placement recipients due to being escrowed. They really needed to step in front of Mac Bank and the hedging counterparties with a convertible note of some sort. Mac bank and the hedging counterparties gave up nothing at all as they are first in line, only MacMahon did. Bizarre!
 
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