Cheers, no idea what it may do in the short, medium or long term. But I do pretty well out of this stock by being more or less somewhat right from time to time. If I can get a chunk out of every other rally then that will do nicely.
If this was an announcement of a contract for a number of general purpose frigates then this would fly. But it is not- it is blather and bulldust- somewhat like the previous government announcement that had the SP running.
You will need good financials this week.
Do remind me if I prove to be wrong.
IMHO DYOR
ASB Price at posting:
$2.23 Sentiment: None Disclosure: Not Held
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