MAH 2.74% 35.5¢ macmahon holdings limited

Further to that:Rayray,Have a god day mate.Re:MAHI just went...

  1. 285 Posts.
    Further to that:

    Rayray,

    Have a god day mate.

    Re:MAH

    I just went back and had a look at that APR 2009 washout.

    Very similar to the situation we have today. Large gap down on the weekly on pretty much the same volume.

    The gap gets filled and stock goes to new medium term highs.

    Very oversold atm, half the stock price MAH has as cash in the bank, and most of its cash flow is involved in the production side of the mining phase.

    Perhaps i should repost this in the MAH thread, not really relevant for Day Trading thread
 
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