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Macmahon investor boosts stake

Macmahon Holdings’ second-largest shareholder, Forager Funds Management, has increased its stake in the Perth company by securing $10.6 million worth of shares.

Macmahon told the market today that 71 million of its shares, representing 5.9 per cent of its total shares on issue, were traded on the market at a premium to bidder CIMIC Group’s 14.5 cents per share takeover offer price.

At Macmahon’s share price today of 15 cents each, the shares are worth $10.6 million.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/05/17

1 year TSR5 year TSR
202ndMacmahon Holdings43%-24%
330thDecmil Group15%-15%
483rdTox Free Solutions-10%2%
775thQuintis-80%-9%
706 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

13/06/17
$80k Bought
02/03/15
$11k Bought
02/03/15
$38k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

17th↑Tox Free Solutions$394.9m
18th↓Macmahon Holdings$358.3m
20th↑Quintis$306.0m
21st↑Decmil Group$299.8m
230 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Macmahon Holdings

693rdJim Walker$178k
665thEva Skira$98k
1137thVyril Vella$98k
Ranked by total remuneration from all listed WA companies

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