$200M invested in PEX across the hill would have made AMI copper ready. It would have been sensible, strategic and consolidatory - a much better deal IMO. Hard to see this being a growth stock with the large number of shares on offer. Same reason it can't be a good yield stock - pie is too big. More of same - market does not have the same opinion of Federation as some. This will change one day if one is patient. Dollars tied up here could make multiples in uranium at present. I have three bagged the milk and bread money in two months.
AMI Price at posting:
38.0¢ Sentiment: Hold Disclosure: Held
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