ASB 2.59% $3.17 austal limited

Ann: Austal USA awarded Littoral Combat Ships 32 & 34, page-4

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  1. 2,756 Posts.
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    Took a day to digest the news. Finally I am in the green after about two years in the doldrums has finally past with conviction my average price of 1.95. Funny I didn't take any opportunities to average down other than a small buy in the 1.60 range, but had faith the company would get it right and increase profit margins in their US navy book of work,but also the company has picked up alot of ferry contracts which is a bit of icing on the cake and expanding in Asia. May be a blessing in disguise that we were overlooked for all that Australian government work.

    Christopher
 
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