The market knows that Austal is looking at wining contracts globally in its areas of expertise ... This announcement just states that for China government contracts they need JV hence aligned with someone... As to their success it will depend on their partners capabilities, and market presence.
Not sure why it was delivered as price sensitive...
Ann: Austal re-enters Chinese domestic ferry market with JV-ASB.AX, page-3
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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 |
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| Last trade - 16.10pm 22/11/2024 (20 minute delay) ? |
| ASB (ASX) Chart |
