Austal Limited (AUTLF) Gets a Hold from J.P. Morgan
J.P. Morgan analyst Russell Gill maintained a Hold rating on Austal Limited (AUTLF – Research Report) on March 17 and set a price target of ...
Citi Reaffirms Their Hold Rating on Austal Limited (AUTLF)
Citi analyst Sam Teeger maintained a Hold rating on Austal Limited (AUTLF – Research Report) today and set a price target of A$4.09. The ...
Navy shipbuilder changes courses on funding with share price at record high
Australia’s global shipbuilder Austal has billionaires Andrew and Nicola Forrest on board as it raises $220m in new equity to help pay for a big expansion in Alabama where it constructs steel-hulled ...
Adelaide Now14d
Navy shipbuilder changes courses on funding with share price at record high
Followed categories will be added to My News. The Forrest family, through their private company Tattarang, own 19.9 per cent of Austal and committed to taking up their pro-rata share in the ...
Capital Brief15d
Austal to raise up to $220m to fund US shipyard expansion
Ship builder Austal has entered a trading halt on the ASX, pending an announcement in relation to an equity raise.
The Australian Financial Review15d
Shipbuilder Austal preps $200m-plus equity raising; founder sells
Gift 5 articles to anyone you choose each month when you subscribe. Austal, the ASX-listed shipbuilder that attracted four suitors over 2023 and 2024 but couldn’t pin down a bid, was rattling ...
The Australian Financial Review15d
It takes nerves of steel to launch a capital raising in this market
Yet, here we are on Tuesday. West Australian shipbuilder Austal has donned the hard hat, seeking to raise about $200 million and sell another $40 million worth of shares owned by its ageing ...