Pushed send too quick. Look at CIM during last month March.Every week they had 2 new contracts smallest of which (from memory) is $130m. Regular as clockwork and some $1600m in total! yes... a huge contractor but their key is civil infrastructure esp rail and road. With various Oz govts slated to spend 55B over next 3-4 yrs on tunnels, light rail, highways etc.... they are in the sweet spot.
MND doing quite well with water, sewerage etc and i expect it to continue. But the construction work CIM does requires huge investment in plant... something MND (wisely imo) unlikely to do. I think we'll see in the FY18 August reprt that MND have downsized staff and they'll stay lean and efficient. I know i keep saying it... but one can't grow bottom line with topline expanding.
Pushed send too quick. Look at CIM during last month March.Every...
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Last
$13.13 |
Change
0.010(0.08%) |
Mkt cap ! $1.281B | |||
| Open | High | Low | Value | Volume |
| $13.12 | $13.18 | $13.08 | $94.37K | 7.188K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 12 | 220 | $13.13 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.14 | 51 | 5 |
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| Last trade - 11.02am 03/05/2024 (20 minute delay) ? |
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Last
$13.12 |
Change
0.010 ( 0.27 %) |
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| Open | High | Low | Volume | ||
| $13.10 | $13.20 | $13.10 | 953 | ||
| Last updated 11.24am 03/05/2024 ? | |||||
| MND (ASX) Chart |