ANG 3.92% 49.0¢ austin engineering limited

Ann: Becoming a substantial holder, page-2

ANNOUNCEMENT SPONSORED BY PLUS500
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM
CFD Service. Your Capital is at risk
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
ANNOUNCEMENT SPONSORED BY PLUS500
CFD TRADING PLATFORM CFD Service. Your Capital is at risk
  1. Mkr
    4,659 Posts.
    lightbulb Created with Sketch. 219
    Very interesting

    https://www.livewiremarkets.com/wires/unconventional-thinking-on-three-conventional-businesses

    Austin Engineering (ANG)

    Austin Engineering supplies customised equipment to large global mining clients, mining contractors and original equipment manufacturers. The company has recently strengthened their balance sheet after selling a number of non-core assets. The company is very well-positioned to benefit from the replacement cycle at a time when mining companies are enjoying elevated commodity prices. The company trades on just 6x EV/EBITDA.

    It wouldn’t be a surprise to see any of these names in the cross-hairs of private equity over the next few years.
 
watchlist Created with Sketch. Add ANG (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.