https://www.tradingview.com/chart/ASL/7uC03ZLp-ASX-ASL-Long-Indication/#tc799003
P/E Over 24
P/B 1.11
Last yearly report, net debt was wiped by well over 100m leaving only 216m left. Debt may not be completely wiped, but a hint at dividends returning could be possible. Operating profit returned positive after two consecutive years negative. If net profit after tax exceeds 70m and debt is decreased by 50m+... This will be fantastic. The share price will exceed $3.
A stock so fundamentally strong with good earnings - this may soar.
Earnings should be strong as the price of gold 0.39% has not diminished, iron ore has also returned over $60/tonne.
I have an order in for 1300 shares at $2.16 strike. I feel it is early enough to bet on earnings without getting in high and late after the pre-earnings hype.
Earnings on the 23rd.
Solid analysis on ASL
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 (20min delay)
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Last
94.0¢ |
Change
-0.010(1.05%) |
Mkt cap ! $898.1M | |||
| Open | High | Low | Value | Volume |
| 95.5¢ | 96.0¢ | 93.5¢ | $987.4K | 1.045M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 5 | 116192 | 93.5¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 94.5¢ | 30000 | 1 |
View Market Depth
| Last trade - 16.10pm 02/05/2024 (20 minute delay) ? |
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Last
94.0¢ |
Change
-0.010 ( 1.52 %) |
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| Open | High | Low | Volume | ||
| 95.5¢ | 96.0¢ | 94.0¢ | 224472 | ||
| Last updated 15.59pm 02/05/2024 ? | |||||
| PRN (ASX) Chart |