ASB News: Investors in Austal (ASX:ASB) have unfortunately lost 41% over the last three years - 16th Dec 2022, 7:12am

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In order to justify the effort of selecting individual stocks, it's worth striving to beat the returns from a market index fund. But its virtually certain that sometimes you will buy stocks that fall short of the market average returns. We regret to report that long term Austal Limited (ASX:ASB) shareholders have had that experience, with the share price dropping 46% in three years, versus a market return of about 21%. The falls have accelerated recently, with the share price down 18% in the las...

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