yes there will be no dividend for several years as we are now in a new Cold War era and there is an arms race. Australia spending 2.5% of GDP on Defence! As long as we protect margin then this company will have a very bright future.
Issue is no ferries being built so hopefully this situation changes and then we stop burning cash at these yards to keep them operationally ready.
When will we start building unmanned weaponised navy drones! They have been put to good use in the Black Sea.
Ann: H1 FY2024 Results Announcement, page-3
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Last
$2.54 |
Change
-0.010(0.39%) |
Mkt cap ! $920.7M | |||
| Open | High | Low | Value | Volume |
| $2.54 | $2.57 | $2.51 | $753.2K | 296.0K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 61 | $2.53 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.56 | 21808 | 2 |
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| Last trade - 16.10pm 18/07/2024 (20 minute delay) ? |
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