ANG 0.87% 58.0¢ austin engineering limited

Ann: Operational Update, page-16

  1. 129 Posts.
    Ryrie
    Fair point about debt which is why will will support a SPP or rights issue, not a big chunk of the company to someone else like BKN.
    I think you will find that ANG has been through the pricing cycle with the major miners and is at a level were the prices will remain at current levels for the near future. Rember they are much more than trays with their other equipment and maintenance now forming a large part of their base. But you are right, when they reduce debt they will attract alot more institutional interest. Still see a big seller there at the moment
 
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