MAH 1.75% 28.0¢ macmahon holdings limited

trading halt, page-25

  1. 1,038 Posts.
    Ouch! Not a good look to raise capital at such a low price. Most current holders would have paid much higher. At least it should provide a solid support once you go through all the motions of selling down than placement stock being offloaded etc.. that is of course if it is oversubscribed and underwritten which I would say it will be otherwise IMO I wouldn't touch it. Nice entry point for first timers with low risk. There will be plenty of time to buy between 35 & 40 so if you can build funds elsewhere than put them back into MAH LT should paint a pretty picture.
 
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