ANG austin engineering limited

Debt > Equity

  1. 430 Posts.
    lightbulb Created with Sketch. 5
    Here's a shocking figure:

    market value of equity (84.2m shares * $1.18) = $99.3m
    net debt (as per balance sheet) = $90m

    Usually when the market value of net debt exceeds the mcap, it means that creditors and bankers exert control over the capital structure.

    I will make a prediction: if ANG does not announce orders within the next 8 weeks, it will be forced to undertake an emergency capital raising and the shareprice will CRASH. It could go the way of Forge.
 
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(20min delay)
Last
29.0¢
Change
-0.010(3.33%)
Mkt cap ! $181.5M
Open High Low Value Volume
29.5¢ 30.5¢ 28.8¢ $967.9K 3.291M

Buyers (Bids)

No. Vol. Price($)
3 53447 29.0¢
 

Sellers (Offers)

Price($) Vol. No.
30.0¢ 202816 3
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Last trade - 16.10pm 12/09/2025 (20 minute delay) ?
ANG (ASX) Chart
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