I've also included below the year on year growth calcs if my 2021 forecasts are achieved. Markets love growth and these growth numbers would be significantly stronger than recent years or even the first half of 2021. Nothing is ever certain but I think there is as much chance of ASH outperforming these forecasts as underperforming them. I'm also hopeful we should see significantly stronger cashflow during H2 as some of the working capital buildup in H1 unwinds. This, together with the prospect of strong future growth from govt infra investment and a strengthening economy should see significant share price upside in the coming months.
ASH Price at posting:
43.5¢ Sentiment: Buy Disclosure: Held
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