Austal (ASB) is held by 23 ASX ETFs. Over the last year it fell 54.3%: on $10,000, −$5433. We explain 3 big moves in that time.
About ASB
- SectorIndustrials
- IndustryCapital Goods
- Size$1.8b
- Held by23 ETFs
- Big moves3 in 1Y
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.
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 19.5% on 16 Feb 2026?
Austal
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.
The news articles indicate a major negative event on Friday, February 13, 2026, with Austal shares plunging over 20% due to an accounting issue and slashed earnings guidance. The price move on Monday, February 16, shows a sharp rebound, likely driven by bargain hunting or short covering, but no new positive news is directly reported for that day. The rebound is directly related to the prior drop, so the cause is the correction of an overreaction and the negative operational update from Friday.
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+$22
- SSO0.44% of the fund+$9
- ISO0.43% of the fund+$8
- VSO0.20% of the fund+$4
- OZXX0.16% of the fund+$3
- IJH0.14% of the fund+$3
- EX200.12% of the fund+$2
- GEAR0.10% of the fund+$2
- 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.