Sorry for misidentifying as ALQ, which I am also watching with interest. I regard them as seriously over-priced and set to re-test their 3.80 lows, but that thought belongs on the ALQ thread.
I don't see AHY management's behavior as any different to most listed companies. Self-interested, morally bankrupt and not operating in the interests of shareholders. We have simply got used to this.
They do still have to produce a result - strong enough to keep the share price alive. In AHY's case, barely.
On the supermarket wars, what matters is that suppliers not get caught up in the margin down-ratchet supermarkets endlessly try to play - announcing downward pricing on their inputs so they allegedly can remain competitive.
We can only hope AHY has a skilled and robust negotiating team for this task. I would be interested in the insights of any on Hot Copper who know more than me.
Ash
AHY Price at posting:
$1.52 Sentiment: Hold Disclosure: Held
