Hey bonehead
The 6 hulls required by govt for collins class made bis SP look ridiculous just look back to financial year when hulls were delivered.The profit is massive and so it should be because of govt defense sales restrictions.But i hold bis because of the mining and construction supply with the extreme potential of the sub order.
austral doesn't manufacture the nimitz but they manufacture other naval vessels for the US thats why they have a manufacturing plant in the US.i don't think bis has any connection to austral maybe they do but the reason i mentioned austral is the close connection between the US and australia regarding security and it makes sense the US makes sure we spend billions this time on a decent sub.
By memory bis potential is 65,000 tons the 6 collins sub order was around 15% of capacity but it was the profit margin thats clearly of interest.
- Forums
- ASX - By Stock
- 12 submarines
Hey bonehead The 6 hulls required by govt for collins class made...
-
-
- There are more pages in this discussion • 9 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add BIS (ASX) to my watchlist
(20min delay)
|
|||||
Last
$3.14 |
Change
-0.100(3.09%) |
Mkt cap ! $150.4M |
Open | High | Low | Value | Volume |
$3.27 | $3.27 | $3.09 | $433.7K | 137.6K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 150 | $3.11 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$3.16 | 593 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 150 | 3.110 |
1 | 593 | 3.090 |
2 | 3839 | 3.080 |
1 | 593 | 3.070 |
1 | 593 | 3.060 |
Price($) | Vol. | No. |
---|---|---|
3.160 | 593 | 1 |
3.170 | 593 | 1 |
3.180 | 593 | 1 |
3.190 | 593 | 1 |
3.200 | 593 | 1 |
Last trade - 16.10pm 03/10/2024 (20 minute delay) ? |
Featured News
BIS (ASX) Chart |