christmas present, page-71

It could be very well be a super bargain as you put it, however there are possible factors which could be influencing the poor share price in the short term. There is the ASX 200 re-rating due this month, if MAH falls out or there is a perception they may fall out as a result of a deteriorating market cap/share price then index fund managers may be clearing their books in case.

There is also the progress at its Hope Downs 4 Rail Earthworks contract in WA, hopefully they haven't hit any more snags there that may be detrimental to their bottom line.

Lastly there is the mounting speculation about the Christmas Creek contract, whilst it does seem a certainty, the market doesn't like delays, particularly in a skittish market.

If we can get clarity and certainty on all the above loose ends then the share price should move in a positive direction.