ASB 0.95% $3.19 austal limited

Good summation of the way things stand Gravscan.Although I've...

  1. 2,006 Posts.
    Good summation of the way things stand Gravscan.

    Although I've never invested in ABS the potential US Navy contract piqued my interest. I've subsequently followed this stock over the past year waiting for the right time to jump in.

    Originally this was going to be at a point just prior to contract decision time which was going to be - If I recall correctly -June/July.

    Now we're in Oct and we don't appear to be any closer. Also the recent MD and CEO resignations do not inspire.

    Agree with you 100%. No need to rush and buy - maybe look elsewhere. A shame because IMO the LCS (Littoral Combat Ship) is an exciting product and of great interest to me.

    I'll keep it on my watch list.
 
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