For the bargain hunters out there it might pay to be careful...

For the bargain hunters out there it might pay to be careful while trading MAH over the next week or so. It seems like FMG's Christmas Creek is getting a bit of a shakeup at present...

http://www.miningaustralia.com.au/news/downer-to-cut-jobs-at-fortescue-s-christmas-creek

MAH's Christmas Creek contract makes up 51.4% of its order book and 26% of its current revenue stream. The stock was up for most of the day until it dropped 0.8c in late trade to close flat for the day.