Monty couldn't agree more re actual embedded value in AMU. Issue is and has been for 2-3 years the underperformance of both management and the Co's SP.
Have absolutely no faith in management whatsoever. Clearly neither do Wylie otherwise they wouldn't have seen an "opportunity" nor would they be making the changes they are. (Who would've thought 2 years ago when the SP was 1.40 someone like Wylie would be taking a 15% stake for 55cps?)
Best outcome for everyone would be a $1+ SP (again after 3 years!!) then we can all get out and get on investing in real business's.
Besides Wylie clearly have plans for this mob... somehow I doubt AMU will be around in 2 years time.
DYOR
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