Think this could move a fair bit higher over next few weeks- represents excellent value IMO and tends to be a stock that attracts buyers when there is a shift to positive sentiment.
MAH's recent profit announcment is a positive signal for this sector in my opinion and is of a genreally similar size to AAX albeit probably more concentrated in local markets as opposed to AAX global presence.
Haven't hearsd a lot from management of late- hopefully they are still busy inking some chunky contracts. From their last prsentation, they had a heap of FES work on the go the books, let's hope there are some announcements re: further EPCM wins in the near future.
Anyone else have any opinions?
Spek Please DYOR
AAX Price at posting:
$3.97 Sentiment: Buy Disclosure: Held