ANG 1.72% 57.0¢ austin engineering limited

Ann: Change in substantial holding - Thorney International PL, page-8

  1. 33,473 Posts.
    lightbulb Created with Sketch. 1740
    I did a little research on Schlam before purchasing ANG , there was also a third South American company that seems to be a big supplier of after market dump beds , and think they used a rubber liner .
    Having a third party is actually an advantage as it would make it easier for ANG to buy Schlam due to not having to fight so hard on M&A regarding govt regulations on ant-competitive monopolistic sales .
    Schlam seemed to have an advanced software method of designing the most of the tensile strength of steel when gusseting you can see it with their concave beds , but I do not think it is proprietary maybe ANG are using it now as they mention their latest beds are lighter or it may be higher tensile/ higher modus of elasticity steels they are using to ?
    You do have to admire what Schlam have achieved in so few years with out the investor help of being listed , compared to ANG , however ANG is reasserting its global advantages :
    low labour costs via Indonesia that now has prebuilt assemblies for Australia and soon to be Americas ,
    Americas distribution channels ,
    now taking advantage of bulk buying of steel and improved work space cell manufacturing techniques including robotics .
 
watchlist Created with Sketch. Add ANG (ASX) to my watchlist
(20min delay)
Last
57.0¢
Change
-0.010(1.72%)
Mkt cap ! $334.3M
Open High Low Value Volume
57.5¢ 58.3¢ 56.5¢ $2.762M 4.770M

Buyers (Bids)

No. Vol. Price($)
1 46 57.0¢
 

Sellers (Offers)

Price($) Vol. No.
58.0¢ 122103 4
View Market Depth
Last trade - 16.10pm 26/06/2024 (20 minute delay) ?
ANG (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.