cheap entry price

I feel AAX has taken the full brunt of the mining sector downgrades from the likes of MND, BLY, WOR, COF etc etc even though AAX came out saying it would report inline with last years $41 million profit as per below.

Outlook
Our focus for the current year is to continue to diversify, to strengthen our service offering and to further develop our business for long-term growth. We are expecting more diversity in our revenue streams with greater contributions from energy, continuous improvement services and recurring revenues.
We expect 2013 Net Profit after Tax in the range from $37 to $42 million. Mr Meka will elaborate on this in his address.

Back then the share price was $4 and has more than halved, those of you who look at charts look ata 5 year chart and look at how many times AAX has traded betweet $2 and $4 range paying dividends along the way......

At this price you will look back in 6 months with a smile on your face, very low debt and good yield i am happy to ride this higher.