https://www.moneymag.com.au/why-austal-could-profit-from-naval-warship-plans
"In late February, the government announced it planned to increase the Navy's warships from 11 to 26 by 2040, which means an increase of $11.1 billion for Defence funding in the 2024-25 Federal Budget.The government's announcement that Australia's naval capacity will be increased presents an opportunity for our largest shipbuilding company, Austal Limited (ASX: ASB).
...
If you weigh up the government's announcement, it's clear that there are strong signs why Austral could have a fantastic 2024 and beyond. I advise paying close attention to this stock and looking for a possible entry in the near future."
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Last
$2.34 |
Change
0.020(0.86%) |
Mkt cap ! $848.1M |
Open | High | Low | Value | Volume |
$2.33 | $2.35 | $2.28 | $1.118M | 480.3K |
Buyers (Bids)
No. | Vol. | Price($) |
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1 | 2842 | $2.33 |
Sellers (Offers)
Price($) | Vol. | No. |
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$2.35 | 6465 | 2 |
View Market Depth
No. | Vol. | Price($) |
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2 | 4695 | 2.290 |
1 | 222 | 2.270 |
2 | 1770 | 2.250 |
1 | 4000 | 2.240 |
1 | 450 | 2.230 |
Price($) | Vol. | No. |
---|---|---|
2.350 | 6465 | 2 |
2.400 | 20713 | 4 |
2.410 | 19000 | 3 |
2.420 | 21696 | 2 |
2.430 | 4115 | 1 |
Last trade - 16.10pm 03/05/2024 (20 minute delay) ? |
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Last
$2.34 |
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Change
0.020 ( 1.09 %) |
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Open | High | Low | Volume | ||
$2.31 | $2.35 | $2.29 | 71979 | ||
Last updated 15.59pm 03/05/2024 ? |
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