Let’s just hope they’ve built in margin to cover contingencies...

  1. 4,594 Posts.
    lightbulb Created with Sketch. 444
    Let’s just hope they’ve built in margin to cover contingencies and also, cost of capital - and perish the thought, a decent profit margin. AND, a ‘signed in blood’ contract that penalizes Defence department interference and delays.
    Also agree with previous poster, this IS a material announcement. It almost seems as though ASB want to hide in the corner and not be noticed. Get a new PR firm if necessary.
    Defence is a growing thematic and Australia has a lot of catching up to do. $$$$$ spend isn’t now a luxury, it is a necessity. ASB, CVL& BIS have got to be little companies that grow enormously over the next decade. It’s starting!
    Last edited by PortfolioPlus: 26/11/24
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
(20min delay)
Last
$6.25
Change
0.170(2.80%)
Mkt cap ! $2.602B
Open High Low Value Volume
$6.05 $6.26 $6.02 $1.901M 308.2K

Buyers (Bids)

No. Vol. Price($)
12 2919 $6.24
 

Sellers (Offers)

Price($) Vol. No.
$6.25 3004 15
View Market Depth
Last trade - 12.40pm 29/07/2025 (20 minute delay) ?
ASB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.