It has been an interesting week on the AUN front, and good to see what looks like (to me at least) a rerate beginning to take place.
It is possible that something is brewing in the background, such as an M&A? I have noticed AME's MC has dropped from around $30m AUD to around $20m AUD recently, whilst AUN has increased from around $11m AUD to approx. $15m AUD? Heading towards parity? Maybe that means nothing... or maybe it does? Hard to tell at this stage...
Either way, hopefully there will be some positive action and announcements on the AUN front. I personally think we are coming from a low base and that should give us some strong potential.
Good luck to all and have an enjoyable weekend.
IMHO
GLTAH
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