hi Ozi hope you are rightwould like to think we saw it in high...

hi Oz
i hope you are right
would like to think we saw it in high 20's
dont seem to be trading in correlation with commodities atm
at the whim of small volume and light trade.

Fundamentally speaking you would have to say it shouldnt be trading anywhere near these levels but in this market anything is possible.

As pokerface said recently if we get the half year result he was forecasting then AMU would be trading on a p/e of between 1 and 2 which imo is absurd given the longlife of assets and reliability of cashflows

There are some that say markets are always right, personally i think that is a crock !

There are a few analysts covering this stock now and they all agree that it is a solid business that is under rated by the market and priced well below its true value.