Added heavily to initial position today. Just looking at the simple things:
1. Selling at a projected PE ratio of 10 (16FY).
2. Anticipated dividend return of 4%ff.
3. Selling at book value.
4. Very strong balance sheet.
5. Low PEG ratio.
6. Increasing amount of recurring maintenance work.
7. Well placed in a growth market.
In a distressed market happy to have this one.
Ann: Austal announces CEO transition, page-8
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Last
$2.83 |
Change
0.050(1.80%) |
Mkt cap ! $1.025B | |||
| Open | High | Low | Value | Volume |
| $2.82 | $2.83 | $2.78 | $879.1K | 312.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 21025 | $2.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.83 | 2404 | 1 |
View Market Depth
| Last trade - 16.10pm 07/10/2024 (20 minute delay) ? |
| ASB (ASX) Chart |