MAH 0.00% 29.0¢ macmahon holdings limited

Bought in today. 84% of revenue comes from gold and copper...

  1. 119 Posts.
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    Bought in today.
    84% of revenue comes from gold and copper mining.
    An investment in "contract miner of the year" in a gold and copper bull market with a low PE and strongly growing revenue seems low risk.
    I guess if there's an ongoing boom and labor gets really tight they may be able to up their rates and margins?

    I too saw all the small buys, probably a fundie accumulating. Not subtle. I guess it doesn't drive up the price, but it makes it pretty obvious someone is accumulating.
 
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