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PRN, PERENTI GLOBAL |
 Posted: Jun 2 2004, 03:40 PM
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Posts: 37  |
Hi,
Just noticed asl had 8% rise 2day..... Trinity |
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Posted: Mar 9 2004, 08:03 AM
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Posts: 505 |
Ausdrill (ASL) began its listed life in 1994 at $1.64. The volatility of this value stock was demonstrated by the plunge to 37 cents in early 1995 and then the steady ascent to hit $2 in the early days of 1997. However, this was merely a prelude to the dizzy descent to a low of only six cents in September 2001. Since then, Ausdrill has been rising again - it had progressed to 76 cents on Christmas eve 2003 and is still clearly trending upwards. At this price, Ausdrill still represents good value, with a historical p/e ratio of only 6 times and a dividend yield of more than 5 per cent. |
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Posted: Mar 1 2004, 09:24 AM
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Posts: 996 Thanks: 2 |
AUSDRILL LIMITED
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