ok ASB and DRO Are 2 very differnt businesses. ASB has internalized massive costs whereas DRO doesnt have that overhead. ASB has to produce ships internally, but DRO has pushed the manufacturing risk to another Adelaide based manufacturer. only 10% of manufacturing and compilation done by DRO, vs everything assimilated by ASB.
From a structural point of view, ASB makes either warships and commercial ships. In times of high interst rates, not much would be happening commercial ships wise. DRO tech will be used to prevent disasters on existing assets. Warships need protection!! Then you look at how long it takes a ship to have stage payments provided and then union issues to build in Australia. And who will pay for a warship now when you can take it out with say a reaper drone!
So tell me which one is a riskier business to invest in?
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