ordinarily people wants to make money owning shares
AOH holders is no different, and mkts is never right nor tells the truth because if it did, no one would buy/sell shares.
It all about disguising the perception of value and these funds sitting on the register has been doing it for 2 years. We have been above the latest 30c cap raising what....? 5-6 times, its been trading longer around the 25c mark than analysts have made reports on AOH.
AC need more investment banks engaged to sell the story and get some competition going, relying on CS as sole advisor is plain wrong just because they granted the debt facility. Loyalty will never be re-paid from investment banks, they are after money and profits just as we are, AOH need to create competition among them, but somehow with their relatively safe hedges in places AC hasnt gotten the message across. No, K Mahoney wont solve the issue either way, and here is my answer on him: He hasnt dont bugger all for AOH since he signed the infamous Xstrata Options agreement.
Compare to other speccies who bank roll 1 broker for the sake of raising money to drill, AOH is a producer, in AC language, a miner lol - it need 3-4 investment advisors to advise on banking Roseby because its so big, it has a bankabke feasiility and a mining lease.
Wake up Alistair - if you want smoked Scottish Salmon you need to ignite the saw dust in more than one place first.
AOH Price at posting:
24.0¢ Sentiment: None Disclosure: Held