No VET hasn't spooked investors. The business model as I see it is high risk, imagine if a change in Govt policy happened or in the Fair Work Act regarding trainees.
Also, the Concept Eng purchase may have serious probs, and not return as expected. They have lost heaps of bus to competitors over past 12 months in NSW and Vic market.
Also, the whole sector related to labour hire and trainees is smashed.
ASH may be in discussions with Workpac or some other medium size workforce provider for an acquisition. It will be debt based.
No VET hasn't spooked investors. The business model as I see it...
Add ASH (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
25.0¢ |
Change
-0.015(5.66%) |
Mkt cap ! $35.99M | |||
| Open | High | Low | Value | Volume |
| 26.0¢ | 26.0¢ | 25.0¢ | $3.088K | 12.12K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 24638 | 25.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 26.0¢ | 14336 | 1 |
View Market Depth
| Last trade - 15.33pm 14/06/2024 (20 minute delay) ? |
|
|||||
|
Last
25.0¢ |
Change
-0.015 ( 1.96 %) |
||||
| Open | High | Low | Volume | ||
| 25.0¢ | 25.0¢ | 25.0¢ | 20463 | ||
| Last updated 15.21pm 14/06/2024 ? | |||||
| ASH (ASX) Chart |