Wow, what great results. Revenue, up by 18%, profits by 163%, net debt down by $60m, gearing ratio improved by 8.5 percentage points or 33%, cash reserves of $219m and a 75% increase in the dividend. The cherry on top is our 50% share of AUMS has grown even faster than ASL has. What is not to like? No wonder the SP was initially up 15% on this news, even if it has retraced somewhat since then. $3 will be back before much longer imo. I like the fairly conservative approach to the dividend pay out which only represents 34% of the profits. I would expect the final dividend to grow to about 5 cents along with further revenue and profit growth, but DYOR. Lots of blue sky ahead if you ask me.
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Wow, what great results. Revenue, up by 18%, profits by 163%,...
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Last
93.0¢ |
Change
0.015(1.64%) |
Mkt cap ! $131.5M |
Open | High | Low | Value | Volume |
94.0¢ | 98.0¢ | 92.0¢ | $793.6K | 843.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
2 | 8629 | 93.0¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
93.5¢ | 4820 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
4 | 73065 | 1.590 |
5 | 62702 | 1.585 |
13 | 116839 | 1.580 |
9 | 141000 | 1.575 |
6 | 62184 | 1.570 |
Price($) | Vol. | No. |
---|---|---|
1.595 | 64459 | 5 |
1.600 | 117237 | 9 |
1.605 | 152905 | 8 |
1.610 | 37964 | 4 |
1.615 | 33588 | 3 |
Last trade - 16.10pm 15/11/2024 (20 minute delay) ? |
ASL (ASX) Chart |