AMU is in danger of dropping out of the asx 300 at this rate. We could see some index fund selling down the track if this happens. A deeper investment in ARW wont help at all,they have decided not to cut their losses but dig a bigger hole. Management has presided over a lagging share price while revenues have grown and ARW is the prime reason as well as poor sentiment in oilers. We will see if this bet will pay off.
AMU Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
