ASB 1.94% $3.03 austal limited

No inside info, just a guess based on the complete lack of...

  1. 658 Posts.
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    No inside info, just a guess based on the complete lack of movement in the share price after the opv announcement.

    I also think the Govt has stacked the tender in favour of the prime contractor and left no benefit to any Australian shipbuilder. Only the embarrassment of forcing the closure of Austal in Australia led to the weird change in the tender outcome.

    Also the frigate program tender backs my view that the govt doesn’t want to give any benefit to audit companies. In fact Austal confirmed they are out in the cold on the frigates at the agm.

    The liberals are not friends of Australian business. Only foreign shipbuilders.
 
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