Have we finally turned?

The price action over the past 6 months seems unfair and is factoring in a high chance of a capital raising. Has the recent reporting begun to put those assessments to bed?

I have quite a few AAD at the moment and wont be buying more, but I do think its a pretty decent entry point here. With dividends of 12.5c in the last year, it equates to a 6.9% yield at $1.80. Higher yields are normally associated with businesses with poor growth prospects. This is not true for AAD with Commsec forecasting EPS of 16.7 in 2016-17 from 13.80 in 2015-16.