Austal (ASB) is held by 23 ASX ETFs. Over all time it rose 56.6%: on $10,000, +$5663. We explain 6 big moves in that time.
About ASB
- SectorIndustrials
- IndustryCapital Goods
- Size$1.8b
- Held by23 ETFs
- Big moves6 in all time
Each dot is a move we explain. Tap one, or a row of Why it moved, to see what caused it.
Why it moved
- +10.4%11 Aug 2026· Takeover / M&A
Austal's shares surged after South Korean defence giant Hanwha lodged a US$1.2 billion bid for Austal's US shipyard operations, with the company exiting a trading halt and releasing a market-sensitive trading update confirming the offer.
- +19.5%16 Feb 2026· Operational
Austal shares rebounded over 19% on Monday, February 16, 2026, following a severe drop on Friday after the company slashed its earnings outlook due to accounting irregularities in a US Navy contract.
- −22.8%13 Feb 2026· Guidance Down
Austal cut its FY2026 EBIT guidance by $17.1 million due to an accounting overstatement from double counting a US Navy contract.
- −22.0%12 Mar 2025· Unknown
The news articles provided do not contain information explaining the sharp decline, leaving the cause unknown.
- +13.2%21 Feb 2025· Sector Flow
Austal's stock rose 13.17% after comments that President Trump is good for business, suggesting favorable defense spending prospects.
- +20.5%16 Sep 2024· Unknown
No news articles were found, so the price movement cannot be confidently attributed to a specific event.
Held by 23 ETFs
Of every $10,000 in each fund, how much is in ASB today.
- SMLLBetaShares Australian Small Companies Select ETF$1131.13%
- SSOSTATE STREET SPDR S&P/ASX SMALL ORDINARIES ETF$440.44%
- ISOiShares S&P/ASX Small Ordinaries ETF$430.43%
- VSOVanguard MSCI Australian Small Companies Index ETF$200.20%
- OZXXGlobal X Australia ex Financials & Resources ETF$160.16%
- IJHiShares S&P Mid-Cap ETF$140.14%
- EX20BetaShares Australian Ex-20 Portfolio Diversifier ETF$120.12%
- GEARBetaShares Geared Australian Equities Complex ETF$100.10%
- VVLUVanguard Global Value Equity Active ETF$6.590.07%
- A300Global X Australia 300 ETF$5.780.06%
Why did ASB rise 13.2% on 21 Feb 2025?
Austal
Austal's stock rose 13.17% after comments that President Trump is good for business, suggesting favorable defense spending prospects.
The only available news article mentions Austal stating Trump is good for business, which could imply positive sentiment for defense contractors, but it lacks specific details about contracts, earnings, or guidance. The magnitude of the price move is significant, but the evidence is circumstantial and based on a single news headline, so confidence is low.
General information only, not personal advice — prepared without regard to your objectives, financial situation or needs. Past performance is not indicative of future performance.
Evidence
News coverage
What it did to the 23 ETFs holding ASB
On $10,000 in each fund, at the weight it holds today
- SMLL1.13% of the fund+$15
- SSO0.44% of the fund+$6
- ISO0.43% of the fund+$6
- VSO0.20% of the fund+$3
- OZXX0.16% of the fund+$2
- IJH0.14% of the fund+$2
- EX200.12% of the fund+$2
- GEAR0.10% of the fund+$1
- VVLU0.07% of the fund+$1
- A3000.06% of the fund+$1
The 10 that hold it most. All 23 are listed on the page under Held by.