If that was a question, then Yes, Seriously; $20m cash in bank!!
It's crazy, but manufacturing is not the most exciting of industries so MHI doesn't get the FOMO or hype like other sectors.
The big question is what are they going to do with that money? It was acquired from the sale of an asset (a factory in China) a few months back; they already paid 1c /share dividend ($940k total returned to SHs).
MHI suggest they're looking to expand their USA operations. Dividends are likely to be coming soon IMO.
Ann: MHI Quarterly Activities Report & Appendix 4C, page-9
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Add MHI (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
14.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $13.19M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 143334 | 12.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 14.5¢ | 28000 | 1 |
View Market Depth
| Last trade - 16.12pm 26/08/2024 (20 minute delay) ? |
| MHI (ASX) Chart |
Day chart unavailable