Still concerns about margins in US. My theory is that ASB are spending more time on delivering a better product in the hope of a future payoff with the contract for the final 12 LCS/FF. A bit of margin contraction now may yield the contracts needed to keep Mobile going beyond 2020 plus the ongoing maintenance.
The recent major defects and breakdowns affecting the Freedom class LCS further helps our cause.
Win new FF contract, OPV and play a role in Australian FF and we are looking very cheap.
Please note my theory is entirely on me owning ASB and hoping for the best.
Ann: LCS 8 completes acceptance trials-ASB.AX, page-4
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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 |
