ASB 2.41% $2.55 austal limited

Moving higher to 2.50, page-114

  1. 3,583 Posts.
    lightbulb Created with Sketch. 338
    This got to $3.80 ish in one rally last year- at that time the talk was $4 plus- now it has fallen to about half.

    Yep, it could fall again. The important thing I reckon is to have an investing plan that allows for this possibility. I reckon that I could average down again. Until that time I shall continue to research the company and the sector so that further investments can be informed and not merely crazy brave. My strategy may not suit your circumstances or appetite for risk.

    I am finding that the naval sector provides some fascinating reading.

    IMHO DYOR
 
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