ANG 0.83% 60.5¢ austin engineering limited

Ann: Trading and FY23 Guidance Update, page-11

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    "I work in the Pilbara, they also have some major warranty issues at the moment'
    That is interesting to know , and that it seems to be in the public domain yet the company has not stated it from what I have read .
    Wonder what the reason is , something wrong with the build due to design/steel quality/ manufacturing process , so ANG company has a warranty responsibility , or being used for a condition not designed for

    Anecdotally I just built a small scraper and I notice the girders supporting the floor have sagged just slightly , although the calculated design tests that I ran showed them to be strong enough , guess there is a big difference between a dead load and a live load of earth and rock moving up and down .
 
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