ASB 2.59% $3.17 austal limited

Why do they announce these small contracts? In this case its...

  1. 126 Posts.
    lightbulb Created with Sketch. 21
    Why do they announce these small contracts? In this case its just an AUD $20 million service deal.

    Last financial year's total revenue was more than $1.3 billion. So this represents about 1.5% of revenue. I guess its information on their progress but, if anything, I think it actually serves to worry the market that they are announcing small fry because there isn't large fry about.
 
watchlist Created with Sketch. Add ASB (ASX) to my watchlist
(20min delay)
Last
$3.17
Change
0.080(2.59%)
Mkt cap ! $1.072B
Open High Low Value Volume
$3.08 $3.20 $3.03 $6.129M 1.943M

Buyers (Bids)

No. Vol. Price($)
4 5788 $3.15
 

Sellers (Offers)

Price($) Vol. No.
$3.18 597 1
View Market Depth
Last trade - 16.10pm 22/11/2024 (20 minute delay) ?
ASB (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.