In: Finance
Select 3 companies from the same industry that currently trade on the ASX, Describe what they do and the competitive position they are in.
The three companies from the same industry that trades in the ASX are as follows:
1.) A-CAP Energy Limited, Abilene Oil and Gas limited and Acacia Cola limited belongs to the industry of the Energy, This company formerly named as A-Cap resources limited is a resources company. Its principal activities are the ongoing feasibility studies into the Letlhakane Uranium Project, continuing exploration of its tenement portfolio in Botswana and the evaluation of its coal discoveries. This company works on the projects assessments In late 2017, the Company began a programme of project assessments for nickel-cobalt, focusing on lateritic style mineralisation. This company also RC drilling, diamond drilling.
Competitive position of A-CAP LTD. in Market.
The A-Cap Resources Limited is one of the leading firms in its industry. A-Cap Resources Limited maintains its prominent position in market by critically analyzing and reviewing their strength, weakness , opportunity and threats.SWOT analysis is an immensely interactive process and requires effective coordination among various departments within the firm such as marketing, finance, operations, management information systems and strategic planning.
2.) Abilene Oil and Gas limited formerly known as world oil resources and started traded on ASX in 2014 and headquartered in Australia and Abilene oil and gas limited is a mid west U.S.A focused production, development and exploration company.The company assets are located in Kansas.The company strategy is focused on building up oil production assets, increasing drilling locations and adding exploration acreage in the region. The company strategy is based on a combination of targeting high return projects and innovative funding while maintaining low overhead and corporate costs.
Competitive position of Abilene Oil and Gas ltd. in market
The Abilene Oil And Gas Limited is one of the leading organizations in its industry. Abilene has been progressing its oil and gas projects in Australia and the U.S. including development of its Klick Oil Project in Kansas. ABL has acquired 49% working interests in the Pratt County Prospect, Rawlins County Prospect and Rodinia Resources joint venture projects.
3.) Acacia Cola ltd. is a publicly listed company on the Australia securities Exchange involved in coal exploration and mine development. It is also known for the one of the finest coal mining company in the world to extract resources like coal and other useful resources as well from the ground of the earth. Acacia also engaged in the various projects and one is the RAC project.
The Riversdale Anthracite Colliery project (RAC) is a niche metallurgical anthracite project located in a mature anthracite coal field near Vryheid in KwaZulu-Natal in South Africa. The project meets all of RAC’s key project criteria and is significant as the last undeveloped low impurity anthracite project in South Africa.
ACACIA'S competition in the market
Acacia is one of the leading organizations in the industry of Energy. Acacia has a total assets of $669800 and liabilities of $48578 and the price to book ratio is 1.43 and and is very popular in energy industry for Coal mining and due to the various projects undertaken the the company. The Share price of the ACACIA is very less and is very poor in the market at this point of time.