MAH 1.85% 27.5¢ macmahon holdings limited

When holders lose hope- it must be about to turn the corner.This...

  1. 3,544 Posts.
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    When holders lose hope- it must be about to turn the corner.

    This is an unloved stock in an unloved sector. Its peers are all down near 12 month lows- and vulnerable to tax loss selling in May/June.

    On the other hand- I reckon this and peers are at about support levels.

    Going forward it will come down to the ability to pass on costs- rise and fall clauses rather than fixed contracts. It comes down to how well debt has been managed for the long term- and the ability to service it.

    I do not know this one as well as some others- the lack of liquidity keeps me out to some extent. If it gets belted by shorters/tax loss selling then I could have a look again- all else being equal.

    It looks to be well managed- not the worst- I like the sector.

    IMHO DYOR
 
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Last
27.5¢
Change
0.005(1.85%)
Mkt cap ! $592.6M
Open High Low Value Volume
27.0¢ 28.0¢ 27.0¢ $842.2K 3.066M

Buyers (Bids)

No. Vol. Price($)
4 158469 27.5¢
 

Sellers (Offers)

Price($) Vol. No.
28.0¢ 1338417 11
View Market Depth
Last trade - 16.10pm 24/05/2024 (20 minute delay) ?
Last
28.0¢
  Change
0.005 ( 2.71 %)
Open High Low Volume
27.5¢ 28.0¢ 27.3¢ 282044
Last updated 15.59pm 24/05/2024 ?
MAH (ASX) Chart
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