So CIMIC came out with a writedown today. I recall the days where they launched a $0.145 cents per share offer for MAH and were so arrogant their first bid was best and final.
Well that did not go well for them, today they announce a 1.8 Billion writedown and the shareholders proceeded to write down the share price by 19.44% Ouch.
https://www.asx.com.au/asx/statistics/displayAnnouncement.do?display=pdf&idsId=02194873
Continue to hold this one as I am hoping the upside from the Indonesian relationship will accelerate this year.
Maybe the BoD should call Michael Wright at CIM and lob a low ball offer in for some of his assets
So CIMIC came out with a writedown today. I recall the days...
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Last
37.0¢ |
Change
0.010(2.78%) |
Mkt cap ! $797.3M | |||
| Open | High | Low | Value | Volume |
| 35.5¢ | 37.5¢ | 35.5¢ | $389.2K | 1.061M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5713 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 45278 | 2 |
View Market Depth
| Last trade - 16.10pm 13/08/2025 (20 minute delay) ? |
| MAH (ASX) Chart |