ASL looks like an absolute bargain at the moment. They have reiterated that FY2019 NPAT will be circa $100m, they are exposed heavily to gold mining (which will continue to boom for some time) and if they had a big problem managing debt levels they would have addressed this issue at the last CR.
Based on the current business parameters ASL will announce a sterling H1 Result and the 3.5c Dividend will be maintained. The share price is an absolute steal at present.
ASL looks like an absolute bargain at the moment. They have...
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Last
$1.04 |
Change
-0.020(1.90%) |
Mkt cap ! $970.7M | |||
| Open | High | Low | Value | Volume |
| $1.03 | $1.04 | $1.02 | $4.185M | 4.043M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25888 | $1.04 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $1.05 | 50474 | 3 |
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| Last trade - 16.10pm 25/07/2024 (20 minute delay) ? |
| PRN (ASX) Chart |