Hey 1_Day_Man,
Thanks for a reply! For your second point, I completely agree US politics is crazy, but given current election state I doubt there will be any change this year to dump the contract, but guess we will just see.
I wanted to clarify your point on submarine contract, I was under the impression Austal does not build subs. I know that they want (they hinted during the conference call Q&A) to buy ASC ship division if government decides to privatise but that would only extend to ships. Also as they do not build any now, do you reckon they will buy someone to get the expertise or they are indeed involved in this area?
Yeah, with low interest rates investors start to enter share market, so we will get a flood of money now.
Again thanks!
Regards,
Ed
Is Austal Underpriced?, page-3
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