OMG - I think ASL managment just bought a mongrel with fleas the only winners as far as I can tell at least short term are the underwriters and the vendors of Barminco - the managment of ASL just handed shareholders of Ausdrill a company transformed into a debt laden ($643m / net debt $502.6m from$267.3m net debt prior to trans), goodwill carrying (Goodwill increases to 497m from zero) and intangibles loaded beast (intangiables increase from zero to $268.9m and meanwhile they double the number of shares on issue. Then to rub salt into the wound they raise capital at a 14% discount to it's last price - "fully underwritten" by it's advisers (probably at great cost) - ASL has got a lot of drilling to do to get themselves out of this hole in my opinion....DYOR
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Last
99.8¢ |
Change
0.008(0.76%) |
Mkt cap ! $943.4M |
Open | High | Low | Value | Volume |
98.5¢ | $1.01 | 98.5¢ | $1.085M | 1.088M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
23 | 35203 | 99.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$1.00 | 59445 | 41 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
19 | 33908 | 0.995 |
16 | 55752 | 0.990 |
20 | 215537 | 0.985 |
8 | 291575 | 0.980 |
5 | 57984 | 0.975 |
Price($) | Vol. | No. |
---|---|---|
1.000 | 64676 | 39 |
1.005 | 244417 | 23 |
1.010 | 227640 | 16 |
1.015 | 116466 | 12 |
1.020 | 36237 | 6 |
Last trade - 13.56pm 11/09/2024 (20 minute delay) ? |
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