Why a teleconference requires 2 business days to let the market know about an update from company performance and a review from US performance.
A downgrade in earning or a capital rising?
Actually how do I invest in an underperformed company. I look for growths.
Take Kenmare for example. The UK company rose capitals more than its equity values but the sp was risen more than 25% for the last 2 weeks. It's all because of growth story.
There's no questions asked about the ASB growth potential. ASB is presented globally.
The company should be able to compete with Lockheed Martin due to a lower AUD to win more contracts to build 9 LCS in 2019
What's more. I also think ASB is a takeover target from the Japanese to get good entry into the Australian Submarines market.
I'm preparing some cash to buy more on Monday. So far I've lost $1000 but why should I give up with a dirt cheap company?
Why a teleconference requires 2 business days to let the market...
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Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
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Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 2400 | $3.16 |
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| Price($) | Vol. | No. |
|---|---|---|
| $3.13 | 6721 | 2 |
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