Intelligent Investor

Ashton Mining Limited

By · 24 Mar 1998
By ·
24 Mar 1998
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Recommendation

Ashley Services Group Limited - ASH
Current price
$0.27 at 16:40 (24 April 2024)

Price at review
at (24 March 1998)
All Prices are in AUD ($)
Ashton Mining - Posted a disappointing profit after abnormals for the year to December 1997 of $10.3m on the back of a weak diamond market of late. Prospective start-up operations in Angola and Indonesia may be what's needed to kick-start the share price in the right direction during the next year.
IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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