MAH 8.00% 34.5¢ macmahon holdings limited

no explanation for price rise!, page-8

  1. 1,154 Posts.
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    I sold LEI because when you compare them to MAH they looked way more expensive in comparison on historical basis. Bough MAH, AAX and missed out on VMG (after having buy orders on them for a while). Wasn't as keen on VMG as on MAH with the former balance sheet looking pretty scary, and possibly needing a cap raising. Any SPP at the moment will be at a heavy discount due to market having run very hard and underwriters having to protect their asses. LEI was also suggested as one of companies that may need a cap raising although I am not too sure.

    Of course MAH is over the placement now and has a pristine balance sheet. Plus a few new jobs in the pipe line.

    AAX (Auscenco) could be another one that hasn't run yet due to some excess new shares still being sold off by (not ramping, holding long term :).

    All my opinions only DYOR
 
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Last
34.5¢
Change
-0.030(8.00%)
Mkt cap ! $743.4M
Open High Low Value Volume
37.0¢ 37.0¢ 34.5¢ $1.582M 4.434M

Buyers (Bids)

No. Vol. Price($)
3 60038 34.5¢
 

Sellers (Offers)

Price($) Vol. No.
35.5¢ 31554 1
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Last trade - 16.10pm 13/11/2024 (20 minute delay) ?
MAH (ASX) Chart
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