"get-out-of-jail opportunity for AAX holders??" LOL
No doubt this stock is volatile and trades in 5% swings however with not many shares on issue the moves in either direction are fast.
$43million NPAT is the FY2009 guidance and with $40Million already raised by Insto's with a further capital raising coming from retail share holders under the SPP, if anything AAX looks to be in the market for an acquisition.
At the current share price there is value, AAX is a buy.
AAX Price at posting:
$3.99 Sentiment: Buy Disclosure: Held
