Well Ian it was the top performing IPO on the ASX last year so you would think its on a few peoples watchlists. It was on mine for a longtime until the capital raise and the subsiquent drop in price made it too attractive to be out of.
Really I would have to say until we are producing we are a spec tech stock. Afterwards we are a resources/tech stock. Some people are cautious of tech stocks which is understandable but too much caution sometimes limits great investment opportunities. I believe this is one of those great opportunities.
The whole ASX has been struggling including the rsources sector so any market malaise or handbreak AEB has been feeling, well, its not alone.
I think the last 6 months of this year and early next year will see us shine out from the pack as far as MC growth and SP returns go. Really looking forward to it.
Cheers Tretch
AEB Price at posting:
39.0¢ Sentiment: Buy Disclosure: Held