I know one of the companies reasonably well (Andy's).
If it gives emeco access to new markets (eg the infrastructure boom on the east coast) I think it's a good thing.
From a technical stand point I've really got no idea I'd probably prefer to hear from someone more qualified on the technical aspects.
News: EHL Emeco Holdings updates on recapitalisation and merger with Orionstone and Andy'S, page-25
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Mkt cap ! $401.7M | |||
| Open | High | Low | Value | Volume |
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| No. | Vol. | Price($) |
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|---|---|---|
| 87.5¢ | 101385 | 2 |
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