Why is the significant loss in MAH not reflected in a bounce for DOW (obviously not to the same extent provided the diff market cap 2 companies). . . Without knowing or getting into the detailed numbers behind the contract win, - additional 600-700m of rev over 2 years has to improve forecasts with which share prices are based?! Also with the cost savings detailed in Friday's announcement FMG down for the day - seems like a case of pure negative market sentiment toward mining contractors / IO prices generally. .
From a bemused and inexperienced investor.
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