ASB 0.95% $3.19 austal limited

Sounds like lazy management to me. Hope they feel comfortable...

  1. 7,719 Posts.
    lightbulb Created with Sketch. 161
    Sounds like lazy management to me. Hope they feel comfortable that they have taken an easy path for themselves, while decimating shareholders value. ASB will probably trade at a discount until current management gone unfortunately, as you never know when they'll spring another zany cap raise.

    Still I might buy depending on how low it goes.
 
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