Ok, so that's the reason we've been down here. I feel it should be an opposite of buy rumour sell fact though. None of Austal's orders are affected, only future programs will be looked at. Also the LCS is an important part of the Navy's plans.
And ASB is positioning itself for more commercial work.
Seeing as we are sitting at a price that we were before being awarded the LCS contract, I think it's been overdone. Perhaps we can stabilise now. I'm not seeing much urgency, although I watched a buyer for 6k keep moving their buy around.
I don't think 1.99 will do it my friend :-)
Ok, so that's the reason we've been down here. I feel it should...
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$3.16 |
Change
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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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