I just can't see a selective buy back of CIMIC's stake being on the cards and in fact see quite the opposite - CIMIC looking to acquire MAH.
Only yesterday Mr Verdes was quoted in the press as looking to "consider investing in local companies to support its expansion" and similarly looking to expand its international markets. MAH fits the bill on both fronts.
Further, CIMIC's vote down of the remuneration report at the AGM and opposition to the re-election of directors, to me, signals a desire to exert control.
Tropicana is the mining services contract that everyone wants......
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I just can't see a selective buy back of CIMIC's stake being on...
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Last
26.5¢ |
Change
-0.005(1.85%) |
Mkt cap ! $571.0M |
Open | High | Low | Value | Volume |
27.0¢ | 27.0¢ | 26.5¢ | $109.6K | 407.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 69984 | 26.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
27.0¢ | 1171 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 69984 | 0.265 |
11 | 252459 | 0.260 |
3 | 117041 | 0.255 |
8 | 237540 | 0.250 |
1 | 55000 | 0.245 |
Price($) | Vol. | No. |
---|---|---|
0.275 | 131158 | 3 |
0.280 | 168466 | 6 |
0.285 | 509988 | 8 |
0.290 | 399575 | 8 |
0.295 | 525753 | 9 |
Last trade - 16.10pm 19/07/2024 (20 minute delay) ? |
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MAH (ASX) Chart |