Ladyluck, that depends how you value the company.....yesterday...

Ladyluck, that depends how you value the company.....yesterday it was arguably very cheap (by disclosure I doubled my holding at 57c), arguably it's still cheap today....and a buying opportunity if that's your conviction. I think AMA is a standout takeover candidate priced where it is (my opinion only) and has already attracted interest at much higher prices from an overseas industry participant only derailed by an unfavourable ATO tax ruling. This is a classic private equity target. At 14-15% free cash flow next year in an ultra low interest environment, that is very underpriced, especially considering it's growth options over the next 3 years.