Basically if resource prices track higher so will BHP and ANG follows.
Obviously spending in the mining sector has been slashed over the last 3 yrs.
A recovery in prices will result in more activity in the resource sector and this will translate into contracts in the mining services sector.
Its not rocket science. ANG has had to weather the storm and restructure but going forward its all about the cycle.
Basically if resource prices track higher so will BHP and ANG...
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Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $184.6M | |||
| Open | High | Low | Value | Volume |
| 29.5¢ | 30.5¢ | 29.3¢ | $227.1K | 760.3K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 71314 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 30.5¢ | 149860 | 9 |
View Market Depth
| Last trade - 13.47pm 11/09/2025 (20 minute delay) ? |
| ANG (ASX) Chart |