Pretty impressive results, profit upgrade- and a pretty positive...

Pretty impressive results, profit upgrade- and a pretty positive outlook.

Market should look favourably at this- next stop $4.50

I liked Zimi's comments on the outlook- very positive in the same vein as Monadelphous. Despite a likely slow down in greenfields projects by large Resource Co's, and potential shelving by small up and comers, AAX is heavily leveraged off existing clients, brownfields projects, and will benefit from expansion and business optimisation.

Lets see market how the market digests this..

Cheers
Spek