ASB 3.32% $3.06 austal limited

the buy back seems to be helping

  1. TTH
    1,252 Posts.
    Well,

    After getting 'smashed', as per the previous posts on ASB put it, the SP is slowly inching its way upwards.

    Presumably it's the buy-back that is adding buying pressure that just hasn't been there in recent days, it seems to be helping.

    The SP is still nowhere near what it was a few months ago, and the buy-back won't get it there, but it sure helps stop the rot. Hopefully some good news re. new orders will help it get back up.

    Cheers all.
 
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