ASB 0.42% $2.37 austal limited

The way forward, page-26

  1. 20,349 Posts.
    lightbulb Created with Sketch. 1985
    Hi all
    topped about a decent amount this week.

    in summary I am confident the Philllpines govt will want to lock in contract pre election. I also did some more detailed digging to discover the NTA backing ( cash and property mainly ) is substantial and over 2 dollars per share l. This provides a nice safety net

    the SP trades down here because of uncertainty of contracts so I think the Phillipines contract will go a long way in alleviating these fears and a US defence contract or two will set the SP alight
 
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