Good that you mentioned NWH which is doing much better then MLD for last six months due to their construction business doing well in my opinion. MLD was managed well in past and would have been better have not invested and taken debt for Downer business in my opinion, but the current debt and high exposure to one industry is making it risky investment even at today's price until the books are open and half yearly results are provided to market in my opinion.
once books are out then sentiment will change but until then it will be like ping pong playing between two limits unless any other material announcement is made to market ... in my opinion.
MLD Price at posting:
75.0¢ Sentiment: None Disclosure: Not Held
