ASB 3.93% $3.17 austal limited

Why Austal is a value packed share, page-82

  1. 395 Posts.
    lightbulb Created with Sketch. 21
    Just reading the latest anns and looking at their fin statements and this company looks very interesting.

    Looking online, apart from what appears to be positive news - the passing of the defence bill to build that transport vessel at Mobile I cannot see anything that explains the downward trajectory of the SP?

    Is there something I am missing? What has the market spooked? Would appreciate anybody's thoughts on this.
 
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