007 - nice post, and along the lines of what i was thinking. really hard to value at more than a PE of 15, and with 13c this half + same expected next half, a valuation of about $3.9 is all i would pay at this stage. am ignoring rallies like today and yesterday as it is a closely held stock still, and small purchases result in big rises - same on the downside. i was much happier buying at $3 and also the SPP, which presented obvious value. at these prices happier to sit it out.
AAX Price at posting:
$4.41 Sentiment: None Disclosure: Not Held
