re drop today, page-4

I think the LCS stuff is well know. I am not terribly worried about it. There are virtually no Naval ships in the last 40-50 years that haven't required changes from prototype models, in some instances radical changes. The LCS is no different. Its just the republicans point scoring off these matters which is creating a little uncertainty. The reality is that the LCS will either continue to be built or a variation off the same hull will be built, either way ASB gets the business. The alternative is to have the US navy with outdated and too few ships.

I think the timing of the sale of the stock vessel is the key to short term movements in the stock price. Lets hope it gets over the line. The purchaser needs to sort out a suitable wahrf on mainland UK to dock. They need the Weymouth council to shell out another 10 mill pounds after paying up 4 mill only a few years ago. Tough sell.

Other things in the pipeline I'd like to see are more Cape Class being built for the RAN and another deal to sell a few more JHSV's. Any of these and a confirmation of the stock vessel sale will see $1.60+