ASB will need considerable good news before it bounces back. There is negative sentiment around the future of the LCS program , politics etc. just google recent articles on Austal.
When Austal announced winning of an additional contract recently the share price jumped 8c. Then slumped every day after. Change of directors : %30 drop.
Good news is insignificant and any bad news is turmoil.
Long term may be different but in the short run there are huge opportunities in other sectors where the probability of success and growth is greatly increased.
DYOR but don't be married to a stock. If the outlook is in doubt then move over to something more promising in the meantime. My humble opinion.
- Forums
- ASX - By Stock
- ASB
- Austal may become sole LCS producer
Austal may become sole LCS producer, page-23
-
- There are more pages in this discussion • 6 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add ASB (ASX) to my watchlist
|
|||||
Last
$2.27 |
Change
-0.070(2.99%) |
Mkt cap ! $822.8M |
Open | High | Low | Value | Volume |
$2.34 | $2.34 | $2.24 | $1.374M | 602.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 5674 | $2.27 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$2.30 | 4792 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 5674 | 2.270 |
2 | 4036 | 2.260 |
2 | 5594 | 2.250 |
1 | 3594 | 2.240 |
3 | 11099 | 2.230 |
Price($) | Vol. | No. |
---|---|---|
2.300 | 4792 | 1 |
2.310 | 4792 | 2 |
2.320 | 4792 | 1 |
2.330 | 6961 | 2 |
2.340 | 19856 | 1 |
Last trade - 16.10pm 02/09/2024 (20 minute delay) ? |
Featured News
ASB (ASX) Chart |