ALS Ltd
ALQ: XASX (AUS)
Morningstar Rating for Stocks | Fair Value | Economic Moat | Capital Allocation |
---|---|---|---|
A$2.60 | Vqmc | Rvjwcyjjs |
Capital Raising to Fund ALS's Anticipated Entry into Oil and Gas Services Accompanied by Downgrade
ALS continues to make good on its strategy to increase earnings diversity, acquiring two businesses in the global energy sector: Reservoir Group, a global provider of oil and gas services, and Australian based niche gas testing business Earth Data.