With MND and others in the sector strating to build off the bottom technically i decided to buy some AAX. Post capital raising the stock has been a shocker, it seems to want to hold the 50 cents mark and could lift from here.
The chairmans review backed up managements earnings and revenue forcast to stay the same based on strong overseas mainly USA and Canada with oil and gas contracts.
It's been a horror few years and management doing a very shifty late profit downgrade didn't help......
DYOR would be interested in others thoughts
AAX Price at posting:
55.5¢ Sentiment: Buy Disclosure: Held