ASB 0.40% $2.50 austal limited

Ann: Macquarie Australia Conference presentation, page-5

  1. 4,293 Posts.
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    Australian maket is dominated by the French.
    ASB generate decent revenue however i am concern with their high operating cost, any overun will blowout their cash.
    Share price reaching 5 years high. It is a good news however subholder has been selling out for the past couple of months.
    Not sure if $2.6 is a decent price to sell out.
 
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