The Queen Beetle was constructed by Austal, an Australia-based shipbuilder. The trimaran vessel is made of lightweight aluminum alloy to achieve high speeds and a large carrying capacity.

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 ...

Austal has launched a $220 million capital raising to support its US operations, after which major shareholder Tattarang will get a board seat, while founder John Rothwell is selling down. He sold 1 ...

Bell Potter analyst Daniel Laing maintained a Buy rating on Austal Limited (AUTLF – Research Report) today and set a price target of A$4.45. The company’s shares closed today at $2.35.

In a report released today, James Lennon from Petra Capital maintained a Hold rating on Austal Limited (AUTLF – Research Report), with a price target of A$3.77. The company’s shares closed ...

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 ...

It comes as Austal’s founder, John Rothwell, sells shares, offloading $50m of shares, should the deal be fully subscribed, and the remaining shares will be subject to a six month escrow arrangement.

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 ...

And boy, did it get a homecoming to forget. This ASX All Ords defence stock is none other than shipbuilding company Austal Ltd (ASX: ASB). Yesterday, Austal announced a share trading halt so that ...

The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing price by the sum of the diluted earnings per share from continuing operations ...