there will be no class action i reckon. class action would do nothing other than to deteriorate the share price more and none of the top 20 shareholders would want this to happen.
seems to me the shorters would post as much negative comments as possible so they can pick up cheap shares while shorting it.
read below and i like what the new CEO is doing...he is a much better man than Nick Bowen.
http://www.theaustralian.com.au/business/companies/macmahon-cuts-back-after-earnings-slump/story-fn91v9q3-1226479844005
http://au.news.yahoo.com/thewest/a/-/breaking/14937689/macmahon-boss-tells-of-blood-letting/
$0.29 is the price below GFC level...price 8~9 years ago...nothing would be worse than GFC in my opinion. If i am going to bet, i would be betting on MAH! Good Luck Holders!!
there will be no class action i reckon. class action would do...
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Last
28.5¢ |
Change
0.000(0.00%) |
Mkt cap ! $614.1M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 28.5¢ | 28.0¢ | $1.718M | 6.081M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 2608 | 28.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 29.0¢ | 324264 | 9 |
View Market Depth
| Last trade - 16.10pm 29/07/2024 (20 minute delay) ? |
| MAH (ASX) Chart |