Indeed they a hitting forecast but a combination of lower growth than expected and tough conditions for VET is really hitting AHX, actually pet stocks in general. GXL/NVL are both nosediving and AHX is just following the pattern.
Having said that the business itself is still OK. You compare AHX to NVL it much cheaper. AHX revenue forecast is 106 million to NVL 82 million. Ebitda 10 million to 13 million. Yet AHX market capital is half of NVL. Debt level similar.
AHX Price at posting:
60.0¢ Sentiment: Hold Disclosure: Held
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