AAX ausenco limited
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  1. ozbecool
    712 Posts.
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    01/04/15
    10:54
    Post #: 15017822
    it is because I experienced similar BS driven rises in the past - I think it is a leaky rescue boat that arrived today on the announcement but it would not float for long. Announcement is about contracts won - we know nothing about the profit margins. AAX had good revenue in the past and so what ? There was no profit from there because projects were priced aggressively.
    Last edited by ozbecool: 01/04/15
    AAX Price at posting: 30.0¢ Sentiment: Sell Disclosure: Not Held
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    lightbulb Created with Sketch.  Great analysis
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