Leighton made an announcement this morning that it had won a major contract for A$463m rail work in Hong Kong. Following on from that Macmahons announced that they are to work with LEI on this tunnel work. LEI shares (opened $38.95)have surged by about $1 while MAH shares (opened at 77.5c have struggled within a 1.5 c range.
From a struggler to understand why this is so so can the learned members of this forum please enlighten me.
I bought both and profited on LEI but have everything crossed for the MAH shares to sell
Cheers, Pete
Leighton made an announcement this morning that it had won a...
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