MAH 4.62% 34.0¢ macmahon holdings limited

macmahon compared to leighton, page-12

  1. 287 Posts.
    Good point Nlee.

    For LEI any MAH under $1 is a bargain. When share exchanges are valued what you have done has highlighted the trade-off. For LEI it can only go north. Maybe they're waiting for another correction.

    Will they act? Who knows? Are they the only guys with the cash or share exchange value? No. Interesting time to be into MAH. ASX also an interesting place to be in 2009 and maybe better in 2010. LEI are there now and must have a plan or three in place.

    If I was a heavy with BHP I'd be running a ruler over MAH right now.

    This is one for the super fund.

    Could be wrong but DYOR.
 
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