I'm been a long-term holder and have seen plenty of price appreciation. AUO has a no frills management and is trading on a prospective p/e so low I think there is a real chance it can double within 6-12 months. There is upside beyong that.
The increase in the A$ has been offset by the increase in the price for coking coal. Volumes are expected to go through the roof as the second stage of the mine development is completed.
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