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Does anyone have any idea why MacMahon (MAH) has dropped so much recently? Is it to do with a problem with the new CEO? Does anyone have any information at all?
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Try the aborted takeover bid. This was a classless act designed to gain control of a public listed company without any forethought of shareholders interests. MacMahons is a prime takeover target and it is a wonder that Henry Walker Eltin did not march in!
The minority / majority (if there is such a thingy) of stock is also owned by employees of Henry Walker Eltin.
I think that the depressed mining industry also has something to do with it....
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Who is Henry Walker Eltin?
