AAX ausenco limited
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Ann: Reponse to ASX Query re Appendix 4E , page-4

  1. MattR
    398 Posts.
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    01/03/09
    20:04
    Post #: 4853806
    Although earnings forecast was a concern, it's worth noting that on the morning of the announcement, the price was actually set to open higher until the short sellers moved in.

    I'd expect the price to recover once when the shorters move on...

    Definitely a buy at this price IMHO.

    AAX Price at posting: $1.90 Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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