ASB 0.00% $3.16 austal limited

austal's second lcs launched in us, page-28

  1. 6,485 Posts.
    Is anyone out there......aren't these bots incredibly frustrating?

    But something is confusing me. Apparently in the S&P re-rates it has ASB removed from the ASX300???

    Firstly I thought we were bigger than that, it's full of speccies earning nothing. Secondly how does a company like Phosphagenics with an MC of 228m against our 340m be added while we're removed.
    Is it a mistake????

    Another thing that astonishes me is that we only have an MC of 340m and we'll get about that much paid to us to build 2 of the navy vessels.
    Austal really have to learn how to turn earnings into profit.

    Any answers on the Index question, I could have sworn we were in the 200. Now we're not even up there with spec biotechs.
 
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