My problem is i got in a while back before they had the margin problems with their US production in the 2.20's, then picked up more around the 1.60's and rode it down near 1.00 and all the way up again, with a 1.95 average , i am still waiting for it to come green, but always had faith that the business was sound and the long term outlook was good. Since i first got in there have been some real positives in their Australian and Philippines businesses that have supported the steady improvement in the US picture and i think the business is fundamentally stronger than when i first bought in but trades at about a 40 cent per share discount, so waiting for the market to realise this.
I also like to have a diversified portfolio and this Australian company gives me defence industry and united states exposure all in one.
Christopher
Ann: FY2018 H1 Investor Presentation, page-4
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Last
$3.16 |
Change
-0.050(1.56%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $3.24 | $3.24 | $3.14 | $2.334M | 733.5K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 6465 | $3.15 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.17 | 11605 | 4 |
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