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).
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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."
https://www.moneymag.com.au/why-austal-could-profit-from-naval-wa...
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Last
$2.83 |
Change
-0.020(0.70%) |
Mkt cap ! $1.025B | |||
| Open | High | Low | Value | Volume |
| $2.84 | $2.86 | $2.77 | $3.027M | 1.073M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 5806 | $2.81 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $2.83 | 4419 | 1 |
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| Last trade - 16.10pm 27/09/2024 (20 minute delay) ? |
| ASB (ASX) Chart |