Yes, you're right about management being a significant thing to consider. I reckon that's a huge part of why AMU is at such a massive discount to where the SP should be. Not argument from me on that one.
But I also think that can be fixed. Indeed, I think that process has already begun with the board. I accept you don't see AMU as a turnaround story but that doesn't mean others might. Like me or, say, David Paradice. Actually I don't know what Paradice thinks of AMU. Although I do know his outfit was buying the stock not long ago. But then he's only one of the Australian investing community's small cap stock-picking legends. What would he know?
I won't put you on ignore, actually. I prefer to see what everybody's saying about stocks I hold. Allows me to point out things I don't agree with and/or correct lazy errors.
AMU Price at posting:
22.5¢ Sentiment: Hold Disclosure: Held
