ASB 3.93% $3.17 austal limited

Why Austal is a value packed share, page-82

  1. 395 Posts.
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    Just reading the latest anns and looking at their fin statements and this company looks very interesting.

    Looking online, apart from what appears to be positive news - the passing of the defence bill to build that transport vessel at Mobile I cannot see anything that explains the downward trajectory of the SP?

    Is there something I am missing? What has the market spooked? Would appreciate anybody's thoughts on this.
 
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