Good point Sommerville. If MACA Ltd lose any one or more contract, that could have significant adverse impact on their profitability. If you're ahead on your purchase price, I think it might be worthwhile putting in a trailing stop loss just in case the company surprises the market with a contract loss.
Another little issue is that (from memory) MACA Ltd services Mt Gibson Iron Ltd. Given the issues confronting Mt Gibson Iron, it might be worth keeping a close eye on how those play out and what effect they might have on MACA Ltd.
MLD Price at posting:
$1.48 Sentiment: Hold Disclosure: Held
