MAH 1.85% 27.5¢ macmahon holdings limited

Haha, I wish! I am pretty happy with company performance. Share...

  1. 402 Posts.
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    Haha, I wish! I am pretty happy with company performance. Share price I'm agnostic about, I'm comfortable to accumulate more at 17 cents or lower, feeling confident this is worth more than NTA per share and that one day it will get there over my time horizon (3 years), while NTA/share is steadily growing.

    Of course would love to go to 30 cents tomorrow and sell out, but if it wasn't low then and I wouldn't buy then couldn't make profit later. I would be more depressed if there weren't good companies trading at reasonable prices and right now happy many of the ones I own/ed are trading close or above my fair value.

    FWIW I've asked the same question you have about the poor share price to a few investors across forums and of course investor relations. No one points to fundamentals (aside from margin squeeze, which as mentioned previously I believe is transitory) and instead best explanation I think seems to be largely about sentiment and market favouring companies returning cash to shareholders over reinvesting. It may be good for share price in short term, but would be nuts over long term.
 
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Last
27.5¢
Change
0.005(1.85%)
Mkt cap ! $592.6M
Open High Low Value Volume
27.0¢ 28.0¢ 27.0¢ $842.2K 3.066M

Buyers (Bids)

No. Vol. Price($)
4 158469 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 1338417 11
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
28.0¢
  Change
0.005 ( 2.71 %)
Open High Low Volume
27.5¢ 28.0¢ 27.3¢ 282044
Last updated 15.59pm 24/05/2024 ?
MAH (ASX) Chart
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