Austal needs to deliver something solid between now and dividend ex date imo. Historically this always sells off after the 4c (now 3c) divi is secured. Surely they are making progress with USN on appeals over contract cost blowouts? This has to be a top priority of both the incoming USA head and Paddy Gregg along with rigorously auditing the whole contract bidding process from start to finish to rectify further hidden weaknesses & deficiencies. Austal needs to show that it can learn from rather than repeat mistakes, and mere words & pronouncements won't cut it with me any longer.
Austal needs to deliver something solid between now and dividend...
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