MAH

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28.5¢ macmahon holdings limited

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Funkster888

204 Posts.

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05/10/21

16:16

Post #: 56579422
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Originally posted by Rampaul: ↑

I think it is due to 1) being in an unloved sector (mining services）, 2) fear that if there is a mining downturn that contractors will be left with large losses and 3) fear that margins are being squeezed by covid border closures and tight labour market. It may take quite a while for market to re-rate. I do think for a longer time horizon is a good investment, but market seems quite short term focussed on some mining services companies like MAH and NWH but not others like SWK etc.

Interested to hear others views.

Best of luck with your position BTW.

Expand

Thanks

Originally posted by Rampaul: ↑

I think it is due to 1) being in an unloved sector (mining services）, 2) fear that if there is a mining downturn that contractors will be left with large losses and 3) fear that margins are being squeezed by covid border closures and tight labour market. It may take quite a while for market to re-rate. I do think for a longer time horizon is a good investment, but market seems quite short term focussed on some mining services companies like MAH and NWH but not others like SWK etc.

Interested to hear others views.

Best of luck with your position BTW.

Expand

MAH Price at posting: 19.5¢ Sentiment: None Disclosure: Not Held
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(20min delay)
Last 28.5¢		Change 0.000(0.00%)		Mkt cap ! $614.1M

Open	High	Low	Value	Volume
28.0¢	28.5¢	27.5¢	$2.024M	7.225M

Buyers (Bids)

No.	Vol.	Price($)
1	169963	28.0¢

Sellers (Offers)

Price($)	Vol.	No.
29.0¢	378234	8

View Market Depth

No.	Vol.	Price($)
2	180000	0.275
11	274476	0.270
4	147000	0.265
8	236004	0.260
5	164540	0.250

Price($)	Vol.	No.
0.290	328810	7
0.295	648168	9
0.300	1491608	20
0.305	581132	4
0.310	673151	7

Last trade - 16.10pm 02/08/2024 (20 minute delay)

MAH (ASX) Chart

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Uranium prices on the NYMEX are stable, but ASX uranium stocks are sinking on Friday. The answer lies in Kazakhstan

Westgold sets its sights on top five producer status through merger with Karora

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Week 31 Wrap: JORC rules to get tougher; RBA rate hike chance 50/50; US Fed Sept cut still the quo

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Westgold sets its sights on top five producer status through merger with Karora

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