There is no doubt that AUT is a great stock with excellent acreage and a bright future(if it dosent get taken over).
Depending on what antares does with the cash, will determine wether shareholders stay or move on.
If I decide to move on I would not place my cash into AUT as I am evaluating other plays which have in my opinion have the ability to multiply in value several times.
For AUT to double in value from current prices would give them a market cap of $840m approx.
There comes a point in my opinion when a stock runs away from you and other ground floor opportunities become more appealing.
I am interested to see what Antares intend to do with the cash.I believe there are great opportunities to farm into good prospects in the US where the current operators are strapped for cash.
Time will tell and all the best.
AZZ Price at posting:
53.5¢ Sentiment: Hold Disclosure: Held
