I'm been a long-term holder and have seen plenty of price appreciation. AUO has a no frills management and is trading on a prospective p/e so low I think there is a real chance it can double within 6-12 months. There is upside beyong that.
The increase in the A$ has been offset by the increase in the price for coking coal. Volumes are expected to go through the roof as the second stage of the mine development is completed.
- Forums
- ASX - By Stock
- AUO
- 2004/05 over 20% price increase
AUO
austral coal limited
2004/05 over 20% price increase, page-2
-
- There are more pages in this discussion • 1 more message in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)