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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ANG
austin engineering limited
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30.0¢

Here's a shocking figure: market value of equity (84.2m shares *...
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Last
30.0¢ |
Change
-0.010(3.23%) |
Mkt cap ! $186.1M |
Open | High | Low | Value | Volume |
29.5¢ | 30.5¢ | 29.3¢ | $336.4K | 1.125M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
5 | 400258 | 29.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
30.0¢ | 48305 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 379392 | 0.295 |
9 | 268647 | 0.290 |
5 | 122276 | 0.285 |
6 | 152291 | 0.280 |
3 | 100016 | 0.275 |
Price($) | Vol. | No. |
---|---|---|
0.300 | 48305 | 2 |
0.310 | 32258 | 1 |
0.315 | 33999 | 1 |
0.320 | 256763 | 3 |
0.325 | 750000 | 2 |
Last trade - 16.10pm 11/09/2025 (20 minute delay) ? |
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ANG (ASX) Chart |