MAH 0.00% 34.5¢ macmahon holdings limited

ann out: update-equity raise-suspension, page-28

  1. 4,263 Posts.
    lightbulb Created with Sketch. 11
    So with lei as subunderwriter the cap raising looks like its all going to be raised.
    bet there are plenty of other mining services businesses or
    asian firms with mining operations out there that will be having mah on it radar now for full t/o now that most of the debts gone

    great time for someone to take a position when the sp tanks
    if they are considering a full t/o down the track

    the good days are over for mah its all gone pear shaped,victim of the mining boom bursting,construction down spend across the industry is not the only problem with mah,its the bad mgmt but we have known that,was plenty of time to go through the exit doors at much higher prices many here wished they should have,its just the beginning of the end imho

    target price 9.9cents
    better value elsewhwere.
    LT S.
    DYOR !
 
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