I think its a little more complicated than just overhang. At the moment I can see many many companies which are stuck in a trading range as AOH is. The Australian market is particularly risk averse at the moment and so companies which are just potential are really going nowhere at the moment.
Check out avi,dgr,cdu,poh,avb,even lyc and you will see a pattern which is not unique to AOH. Funny thing is when you go to these sites you will get posters saying the same thing about the stock not reaching its potential. They are all producing good news but nothing seems to impress the market these days.
Its frustrating and you will have to be patient but as Warren Buffet said, the stock price in the short term has nothing to do with the value of the company as it is changed on whim and emotion. Long term we will see value (hopefully).
AOH Price at posting:
31.0¢ Sentiment: Hold Disclosure: Held
