ASB 3.32% $3.06 austal limited

why the dump on no news.Mr. L.S biscuit Thanks Mr. L.S biscuit...

  1. 7,397 Posts.
    why the dump on no news.Mr. L.S biscuit Thanks Mr. L.S biscuit

    I do like this story especially with the present un easy world enviorment ,
    I have a feeling about this one that it is a growth story in the making ,but a gap down is normally a negative reaction to something ,??

    Could not find out what it was about ,
    This is from Sandfords site


    Price @ 09/05/2002: A$1.43
    Austal Limited [ASB] 12 month range: A$1.67 - 0.89
    Valuation: A$1.60

    Price Target: A$1.65 (+15%)
    Market Cap: A$275.9m/US$149.2m
    Buy Shares on Issue:192.9m
    Average Volume (000's): 316



    Rating upgraded due to sharp share price fall.
 
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