Yes you are right about it just being another measure to show it is below value when pitted against its peers. So I will leave it alone and note your comment that the new buyback of up to 100m shares should now put a floor on the price (only 2m to go of the existing buyback and I think the buying today @ 22c is probably AMU).
Would like to think that the new buyback gives an opportunity to exit at fairer (higher) price or if you stay, then buyback along with the underlying business will naturally improve the overall value for those who choose to stay.
AMU Price at posting:
22.0¢ Sentiment: ST Buy Disclosure: Held
