ASB 0.40% $2.50 austal limited

Austal Littoral Combat Ships Cost Nearly As Much To Run As Guided Missile Destroyers, page-14

  1. 691 Posts.
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    Is anyone a wizard on ASB if you're aware of the situation in the Taiwanese Strait you'd know the main defense strategy is literally thousands of cheap missiles aimed at Allied warships. This has me worried.

    The era of a the warship is actually over. What else does ASB do?
    https://www.voanews.com/usa/next-major-war-will-be-very-different-us-defense-secretary-says

    In 1996 America sailed there aircraft carriers through the strait and gave a big fat middle finger to China and those carriers were untouchable. In 2021 those same carriers will be mince meat if China pushes the button.

    With the era of the warship over and ASB hovering around the same value it's always been on the ASX what's next for this company?

    It's 2021, we don't send aircraft carriers and a bazillion boats anymore, especially not to our current adversary.
    https://www.voanews.com/usa/next-major-war-will-be-very-different-us-defense-secretary-says

    ASB's core business is changing.
 
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