Why do they announce these small contracts? In this case its just an AUD $20 million service deal.
Last financial year's total revenue was more than $1.3 billion. So this represents about 1.5% of revenue. I guess its information on their progress but, if anything, I think it actually serves to worry the market that they are announcing small fry because there isn't large fry about.
News: ASB Austal Says Awarded Additional US$14.8 Mln Contract, page-2
Add ASB (ASX) to my watchlist
 (20min delay)
|
|||||
|
Last
$3.17 |
Change
0.080(2.59%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $3.08 | $3.20 | $3.03 | $6.129M | 1.943M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 4 | 5788 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.18 | 597 | 1 |
View Market Depth
| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| ASB (ASX) Chart |
