We all wish we had sold our Ausdrill shares at $2.50 a few months back so it is cold comfort to note that if Macmahon had succeeded with its takeover bid, ASL shareholders would probably be receiving their MAH share allotments about now. At last night's MAH close of 39c, their 1.65 shares per ASL share offer is worth just 64c, not the $3 that some posters on this forum had been counting on. ASL has a stronger balance sheet than most other mining services cos, and a number of long term contracts, so it seems comparatively well positioned to weather the industry slowdown.
We all wish we had sold our Ausdrill shares at $2.50 a few...
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Last
$1.17 |
Change
-0.025(2.09%) |
Mkt cap ! $1.103B | |||
| Open | High | Low | Value | Volume |
| $1.20 | $1.21 | $1.17 | $1.857M | 1.570M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 3 | 49829 | $1.17 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.18 | 40637 | 2 |
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| Last trade - 16.10pm 08/11/2024 (20 minute delay) ? |
| PRN (ASX) Chart |