Another great win for MAH with contract extensions on increased mining rates to cover the labour market shortages/increased contractor costs. I think the fact MAH releases these contract wins without any fanfare and often in groups, really detracts from getting the media traction us shareholders want to see.
It might be hard to gauge the market reaction tomorrow to these announcements; to see if they have any material impact to the SP as the annual results are also being released. A similar sized mining/infrastructure services company NRW Holdings Limited (NWH) bounced nearly 20% last week on their results, I can only hope we see the same with MAH.
NOTE: This is not a cross promotion of NRW, I'm not a holder nor intend to be. I only mention it as a competitor to MAH to highlight the market response to their results.
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9 | 237999 | 0.280 |
9 | 149826 | 0.275 |
10 | 227178 | 0.270 |
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Price($) | Vol. | No. |
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0.290 | 538742 | 22 |
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