It’s still absolutely bizarre to me that ASB has not confirmed to the market their knowledge of the withdrawal of the GAO protest by Eastern over the single biggest order on the company’s books. I couldn’t care less about its expected short term impact (or not) on the current share price, but it is surely something shareholders should be advised of, even if not marked price sensitive and we didn’t rate Eastern’s chances to begin with. This was the biggest (little) hurdle to a contract worth a potential $5bn+ to us. So odd when they’re happy to pop out a re-confirmation of a $650K fine they’ve just paid.
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- Withdrawal of protest from Eastern Shipbuilding - ASB to proceed with detailed design for OPC
It’s still absolutely bizarre to me that ASB has not confirmed...
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