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Macmahon Holdings Limited ( (AU:MAH) ) has shared an update.
Macmahon Holdings Limited announced the cessation of 271,800 share rights due to the lapse of conditional rights, as the conditions were not met or became incapable of being satisfied. This announcement may impact the company’s capital structure and could have implications for stakeholders, reflecting on the company’s operational adjustments and strategic focus.
The most recent analyst rating on (AU:MAH) stock is a Buy with a A$0.50 price target. To see the full list of analyst forecasts on Macmahon Holdings Limited stock, see the AU:MAH Stock Forecast page.
More about Macmahon Holdings Limited
Macmahon Holdings Limited operates in the mining services industry, providing a range of services including mining, civil construction, and equipment maintenance. The company focuses on delivering integrated solutions to the resources sector, primarily in Australia and Southeast Asia.
Average Trading Volume: 2,132,118
Technical Sentiment Signal: Buy
Current Market Cap: A$903.1M
Find detailed analytics on MAH stock on TipRanks’ Stock Analysis page.