MAH 1.75% 29.0¢ macmahon holdings limited

Is real depreciation expense more than reported?, page-4

  1. 303 Posts.
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    This company almost died in the last mining downturn. In my opinion, if the divvies start increasing the risk of this investment goes up big time. I think that is the advantage of having the large corporate sh who may not be responsive to the chorus. This sector has been avoided like the plague across the board since the last downturn, so the SP is likely to have less to do with the divvies and more to do with the lingering stink of what transpired at the end of the last cycle (just my speculation).
 
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