ASB 1.90% $3.10 austal limited

I'm not any kind of guru or big time trader... but i liked the...

  1. 63 Posts.
    I'm not any kind of guru or big time trader... but i liked the look of ASB back in Jan 07 after i read an article in SMH with regards to the contact they where awarded for the perliminary design for the US navy and that was about all i've heard since then. I only bought a small package due to the limited information i found and of course i'm kicking the dog blue that i didn't buy more.

    BUT gee bloody wiz... these guys have done very well especially through these testing times. I'm up 22.5% up and can only imagine (hoping) the green that will be seen when the all ord's are up.

    Can anyone shead some light on this little gem and clarify why its doing well.

    Cheers and good luck to all,

    Crowy
 
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