MAH 1.75% 28.0¢ macmahon holdings limited

Mining Monthly - Struggling to survive, page-3

  1. 464 Posts.
    Hi perth
    did not need pattersons to tell us all this.
    clearly when the banks bring in korda mantha then that is telling the story.
    from my understanding when banks do a review of companys assets and debt and covenants, they do this internally, but bringing in independent major insolvency company korda menthe has major alarm bells ringing to me.
    given MAH has just lost over 30% of its income from Christmas Creek, this company could be in a TRADING HALT at any second and that may well be the end.
    IMO
 
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