Very very skinny margins, everything you said re contracts will take at least a year or two to start generating profit, question marks about mgmt ability to adequately price contracts and the DOJ still considering action again ASB which will likely dwarf the ASIC penalties if it comes to a head.
those are some of the downside risks anyway.
you may get rewarded for patience with austal but can’t argue it’s low risk.
Very very skinny margins, everything you said re contracts will...
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Last
$2.49 |
Change
0.020(0.81%) |
Mkt cap ! $902.4M | |||
| Open | High | Low | Value | Volume |
| $2.48 | $2.52 | $2.46 | $1.401M | 562.2K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 3151 | $2.47 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.50 | 2768 | 1 |
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| Last trade - 16.10pm 28/06/2024 (20 minute delay) ? |
| ASB (ASX) Chart |