I thought they had a fairly good near term order book at Henderson. Finding local workers? perhaps client funding problems on one of their contracts?
I am not so sure about ASB anymore, however it still has a lot in it's favour:
* AUD has moved to make it much more competitive, plus means US profits/assets translate at much higher value
* Global leadership in it's niche, and it is still making advances.
* Long term fuel cost concerns must favour Aluminium over steel for ferries etc.
I guess the real appeal/risk lies in the big US defence orders.
EL
I thought they had a fairly good near term order book at...
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Last
$3.15 |
Change
0.000(0.00%) |
Mkt cap ! $1.072B | |||
| Open | High | Low | Value | Volume |
| $3.15 | $3.18 | $3.14 | $1.382M | 438.6K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 31 | 12532 | $3.14 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $3.16 | 7148 | 15 |
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| Last trade - 15.17pm 03/12/2024 (20 minute delay) ? |
| ASB (ASX) Chart |
