I wasn't clear what they did that cost them $7.6m and it is important for any investor to understand this sort of thing that contributes to a stock's risk. You got to ask the question - what else is there that could cost big money in legal settlements?
As for the low market rating of ASH, buy back only reduces liquidity. They could do better by investing in growth initiatives that they have the expertise in, or just hiking dividends to return surplus capital. I think they still have a way to go with generating better margins to match the return figures of the likes of PPE.
I wasn't clear what they did that cost them $7.6m and it is...
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 (20min delay)
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Last
17.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $24.47M | |||
| Open | High | Low | Value | Volume |
| 0.0¢ | 0.0¢ | 0.0¢ | $0 | 0 |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 4101 | 18.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 17.0¢ | 4157 | 2 |
View Market Depth
| Last trade - 09.47am 28/07/2025 (20 minute delay) ? |
| ASH (ASX) Chart |
Day chart unavailable