I think the US revenue is not significant enough to be impact by the infrastructure bill. However, I think a bigger concern here are Evergrande and the recent crash in iron ore. This could lead to a lower production in iron ore hence lower demand for maintenance.
But MAD seems to did okay in the last iron ore price crash as I outlined in my post. Plus it is still under my valuation, so it's a hold for me
I think the US revenue is not significant enough to be impact by...
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Last
$6.25 |
Change
0.100(1.63%) |
Mkt cap ! $1.23B | |||
| Open | High | Low | Value | Volume |
| $6.17 | $6.25 | $6.13 | $217.9K | 35.02K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 1461 | $6.24 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $6.28 | 5009 | 1 |
View Market Depth
| Last trade - 10.21am 30/07/2024 (20 minute delay) ? |
| MAD (ASX) Chart |