Agree Lerwick.
The stock needs a catalyst.
Although trading well, the FY22 guidance of $1.4 -1.5B revenue is not a big uptick from FY21 revenue of $1.35B. And in FY22 the slight increase in revenue may be eaten up by labour costs and challenges.
I also did note that the potential order pipeline has increased from $7B to $9B.
There is a strong chance of upside for MAH with a large order dropping but, in absence of that, the downside risk really is minimal at these prices.
Agree Lerwick.The stock needs a catalyst. Although trading well,...
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Last
28.0¢ |
Change
-0.010(3.45%) |
Mkt cap ! $603.3M | |||
| Open | High | Low | Value | Volume |
| 28.5¢ | 29.0¢ | 28.0¢ | $235.6K | 829.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 241114 | 28.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 28.5¢ | 208900 | 4 |
View Market Depth
| Last trade - 16.10pm 27/06/2024 (20 minute delay) ? |
| MAH (ASX) Chart |